BEVERLY HILLS OFFICE BUILDING RECEIVES $13M IN PERMANENT DEBT

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LOS ANGELES – A 36,703-square-foot, Class A office building in Beverly Hills has received $13 million in permanent debt. The building is located at 8201 Beverly Blvd., near Cedars Sinai Medical Center and the Beverly Center. Beverly Quest, LLC purchased the vacant building in October 2012. By the following October, it was fully leased to entertainment media, fashion and medical professionals.

The new loan was secured by Quantum Capital Partners, which also secured the initial $11-million loan Beverly Quest used to purchase the building. Beverly Quest is an affiliate of South Park Group.

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