$45,000,000 Acquisition Loan Secured for Office Property in Beverly Hills, CA
Northwestern Mutual Life Insurance Company provided a $45 million loan secured by an office portfolio anchored by an approximately 81,000 square foot building at 8767 Wilshire Boulevard in Beverly Hills, along with adjacent parcels, according to public records. The loan was recorded the same day as the portfolio's approximately $50.1 million sale to CL 250 Robertson LLC, with Carmencita Kobor signing as manager.
The financing is one of three Northwestern Mutual loans recorded with related borrower entities in the same Beverly Hills corridor within a single week, totaling more than $106 million alongside a $34.1 million loan at 200 N. Robertson Boulevard and a $27 million loan on a nearby medical building.
A life company writing roughly 90 percent of purchase price across an office acquisition program is a notable data point in a market where office remains the hardest asset class to finance, and it says the right Beverly Hills office deals, at the right basis, are still fully bankable.
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The office financing market is not closed, it is selective. Life companies and banks are still lending on well located, well leased office at reset pricing, particularly in supply constrained submarkets like Beverly Hills. Buyers underwriting office acquisitions should test institutional debt appetite before assuming private capital pricing.
Transaction Details
- Closing Date
- Mar 26, 2026
- Loan Amount
- $45,000,000
- Loan Type
- Life Company
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- Public records
Property
- Property Name
- 8767 Wilshire Blvd Portfolio
- Address
- 8767, 8755 & 8733 Wilshire Blvd
- City, State
- Beverly Hills, CA
- Market
- Los Angeles
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