CBRE Capital Markets | Healthcare and Life Sciences
Debt Placement
CBRE U.S. Healthcare & Life Sciences Capital Markets is pleased to announce the placement of debt for Midland Medical Plaza (the “Project”), located in Midland, Texas. Sabrina Solomiany, Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger and Cole Reethof acted as the exclusive advisors to Saber Street. Saber Street is a boutique commercial real estate firm located in Houston, Texas which offers development, consulting, investment sponsorship, asset management and property management services to its clients. With a special focus on healthcare real estate, Saber Street’s executive team has over 15 years of combined experience having completed over $2.0 billion in principal and service transactions.
Midland Medical Plaza is a planned two-story, ±30,525-rentable square foot medical office building that will be constructed in northwest Midland, across from the Bush Tennis Center. The Project is approximately 65% pre-leased to tenants offering various medical specialties. Completion is expected in the second quarter of 2021.
CBRE secured construction financing of 70% loan-to-cost at a highly competitive interest rate with only a completion guarantee required.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
SABRINA SOLOMIANY
First Vice President
+1 404 536 5054
sabrina.solomiany@cbre.com
CHRIS BODNAR
Vice Chairman
+1 303 628 1711
chris.bodnar@cbre.com
LEE ASHER
Vice Chairman
+1 404 504 5965
lee.asher@cbre.com
RYAN LINDSLEY
Senior Director
+1 303 628 1745
ryan.lindsley@cbre.com
JORDAN SELBIGER
Director
+1 404 923 1259
jordan.selbiger@cbre.com
COLE REETHOF
Associate Director
Debt & Structured Finance
+1 404 504 7864
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