JUST FINANCED
March 23, 2021
SUGAR CREEK HEALTH CENTER
Placement of Acquisition Financing for Virtus Real Estate Capital
CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition financing for Virtus Real Estate Capital, to help facilitate the purchase of Sugar Creek Health Center. Sabrina Solomiany, Zack Holderman, and Cole Reethof acted as the exclusive advisors to Virtus Real Estate Capital, an Austin, TX-based real estate investment group, that focuses on alternative property segments including medical office, student housing, self-storage, workforce housing and senior living.
Sugar Creek Health Center is a three-building medical office property located in Sugar Land, Texas. The ±90,014-square-foot property is currently 93% leased to a complementary mix of medical tenants with specialties in surgery, imaging, primary care, women’s health, dentistry, sports medicine and physical therapy among others.
CBRE negotiated non-recourse acquisition financing at a highly competitive interest rate with additional proceeds for Tenant Improvements, Leasing Commissions and Capital Expenditures.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
For more information, please contact:
SABRINA SOLOMIANY
First Vice President
Debt & Structured Finance
+1 404 536 5054
ZACK HOLDERMAN
Senior Vice President
Debt & Structured Finance
+1 858 546 4670
COLE REETHOF
Associate Director
Debt & Structured Finance
+1 404 504 7864
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