$30,000,000 Refinance Secured for Retail Property in Beverly Hills, CA

May 13, 2026 Bank
Deal Summary

Apple Bank provided a $30 million loan secured by an approximately 7,200 square foot retail property at 327 N. Rodeo Drive in Beverly Hills, according to public records. The borrower is 327 Rodeo LLC, with Robert A. Siegel signing as member.

At more than $4,100 per square foot of debt, the loan reflects the extraordinary land and rent economics of Rodeo Drive, where global luxury brands compete for one of the scarcest retail environments in the world and buildings trade on flagship value rather than conventional income metrics.

Rodeo Drive collateral occupies its own category in the debt market. Lenders underwrite the street's irreplaceable scarcity, and a New York savings bank stretching across the country for the asset says the collateral class travels.

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Market Notes

Ultra prime retail is one of the few asset classes where per square foot debt levels that look irrational on paper are routinely financed, because the underwriting rests on scarcity and land value rather than in place rent. Owners of trophy retail should cast a national net when financing, since the natural lender is often not a local one.

Transaction Details

Closing Date
May 13, 2026
Loan Amount
$30,000,000
Loan Type
Bank
Loan Purpose
Refinance
Capital Type
Senior Debt
Asset Type
Retail
Source
Public records

Property

Property Name
327 N Rodeo Drive
Address
327 N Rodeo Dr
City, State
Beverly Hills, CA

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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.
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