$10,000,000 Bridge Loan Secured for Multifamily Property in Beverly Hills, CA
May 4, 2026 Private Money
Deal Summary
Arixa Institutional Lending Partners provided a $10 million loan secured by a duplex property at 457 N. Oakhurst Drive in Beverly Hills, recorded the same day as the property's sale, according to public records. Babk Nassir signed as manager for borrower Nascor LLC.
The 18 month maturity and a loan basis far above the value of the existing 1935 improvements point to an acquisition and redevelopment business plan, a familiar trade in the flats of Beverly Hills where small multifamily parcels are routinely repositioned into luxury product.
Institutional private lenders like Arixa have professionalized the small balance bridge market in Los Angeles, bringing programmatic capital and speed to a segment once served entirely by individual trust deed investors.
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Market Notes
Acquisition bridge loans that fund at closing are won on certainty and speed, and the difference between private lenders on identical deals is often two weeks of timeline and a point of cost. Buyers working short escrow periods in competitive submarkets should have their bridge lender relationships built before the purchase contract is signed, not after.
Transaction Details
- Closing Date
- May 4, 2026
- Loan Amount
- $10,000,000
- Loan Type
- Private Money
- Loan Purpose
- Bridge
- Capital Type
- Senior Debt
- Term
- 18 months
- Asset Type
- Multifamily
- Source
- Public records
Property
- Property Name
- 457 N Oakhurst Dr
- Address
- 457 N Oakhurst Dr
- City, State
- Beverly Hills, CA
- Market
- Los Angeles
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.