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JV Buys 9200 Wilshire MXU Development Site for $130M
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A joint venture led by SHVO, Bilgili Group and Deutsche Finance acquired 9200 Wilshire Boulevard, a fully- entitled residential and retail development site adjacent to the prestigious Beverly Hills Golden Triangle. The group purchased the site for $130 million from New Pacific Realty Corp.
The 307,397-square-foot approved project will feature 54 luxury residences in a sleek, mid-rise structure. The seven-story building will showcase a striking glass exterior and a suite of exclusive amenities, including a rooftop pool with sprawling vistas of the cityscape below. The building will also include approximately 6,650 feet of retail space wrapping a central courtyard fronting Wilshire.
SHVO’s Michael Shvo says, “Our new residential concept will offer the highest quality of living and amenities, providing extreme value for those seeking something truly extraordinary in Beverly Hills.”
Lotus Capital Partners arranged a $51-million acquisition loan from California-based Acore Capital.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition




