THE SUNSET IN WEST HOLLYWOOD RECEIVES $78M

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WEST HOLLYWOOD, CALIF. — The Sunset, a 177,949-square-foot, mixed-use development in West Hollywood, has received $78 million in financing that was used to refinance existing debt. It is located along Hollywood’s Sunset Strip near Sunset Plaza. The Sunset, which includes a 71,119-square-foot office tower and a 106,830-square-foot retail and office plaza, is 95 percent leased. Notable tenants include 19 Entertainment, Talpa Media Group, Apple, Equinox Fitness and H&M. The loan was secured by HFF’s Todd Sugimoto, Andrew Harper, Richard Plummer, Michael Ross and Michael Leggett on behalf of the sponsor, Broadreach Capital Partners. The three-year, floating-rate loan was provided by AIG Asset Management Group.

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