High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Los Angeles  + Office  | 

Robhana Refi’s DTLA MOB Portfolio

Connect Los Angeles is set for March 21st at the Hotel Indigo Downtown Los Angeles. You can get more information and register on this link.

Beverly Hills-based Quantum Capital Partners secured $38 million in combined short-and long-term debt to refinance a 110,000-square-foot portfolio in DTLA on behalf of Robhana Group. The three properties are located on a single 2.07-acre lot at 1120 and 1122 Washington Blvd, near the 10 and 110 freeway interchange in the Pico Union/University Park submarket.

The financing was secured by the newly-completed 60,000-square-foot Downtown West Medical facility and Urgent Care clinic operated by Healthcare Partners, an adjacent and recently-renovated 50,000-square-foot multi-tenant office building, as well as a new nine-story parking structure serving both buildings.

Quantum recommended splitting the financing into two separate loans to obtain the best financing solution. That included long-term debt secured by the medical facility, and shorter-term debt for the multi-tenant building and parking structure. This required a “significant undertaking” to divide the site into two parcels, says Quantum Managing Director Jonathan Hakakha, who along with Mike Yim led the financing assignment.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With Quantum’s HakakhaConnect With Robhana Group

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
New call-to-action
New call-to-action
New call-to-action