CIT Serves as Sole Lead Arranger on $48 Million Portfolio Financing of Medical Office Buildings
NEW YORK , Jan. 27, 2021 |PRNewswire| -- CIT Group Inc. (NYSE: CIT ) today announced that its Healthcare Finance business served as sole lead arranger of senior debt financing aggregating $48 million for the acquisition of a portfolio of medical office buildings. The borrower is a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties. The portfolio properties are located in four states and collectively total more than 189,000 square feet. They include: The Bon Secours Medical Office Building in Chesapeake, Virginia . The Locust Grove Medical Center in Locust Grove, Georgia . The Spectrum Medical Office Building in Gilbert, Arizona . The Arizona Spine and Joint Medical Office Building … Full story available on Benzinga.com
CIT Serves as Sole Lead Arranger on $48 Million Portfolio Financing of Medical Office Buildings
NEW YORK , Jan. 27, 2021 |PRNewswire| -- CIT Group Inc. (NYSE: CIT ) today announced that its Healthcare Finance business served as sole lead arranger of senior debt financing aggregating $48 million for the acquisition of a portfolio of medical office buildings. The borrower is a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties. The portfolio properties are located in four states and collectively total more than 189,000 square feet. They include: The Bon Secours Medical Office Building in Chesapeake, Virginia . The Locust Grove Medical Center in Locust Grove, Georgia . The Spectrum Medical Office Building in Gilbert, Arizona . The Arizona Spine and Joint Medical Office Building … Full story available on Benzinga.com