News Release: Capital One Closes $28 Million Loan for Acquisition of Medical Office Building Portfolio by Charter Realty Group

Bethesda, MD (July 5, 2016) – Capital One announced today that it has closed a $28 million loan to support the acquisition of a medical office building portfolio consisting of a 139,000 square foot laboratory building and a 68,000 square foot office building located in Rockleigh, New Jersey. The purchaser, Charter Realty Group, is a property management company with a portfolio of 16 medical/commercial office properties and more than 7,000 multifamily units. Vice President Jim McMahon of Capital One Healthcare originated the transactions.

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