NEW YORK, Jan. 31, 2023 /PRNewswire/ — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties.
The portfolio consists of an aggregate of more than 300,000 square feet of space in 13 properties spread across various states, including Virginia, Texas, Tennessee, Indiana, Wisconsin, Connecticut and California.
“We appreciated the Healthcare Finance team’s industry knowledge and efficiency in helping finance this portfolio of medical facilities as we continue to develop our business,” said Antonio Minchella, senior managing director – Medical Office at Kayne Anderson. “We have worked successfully with this finance team on multiple opportunities in the past and look forward to doing…
