News Release: Placement of Acquisition Financing – Copper Peak Medical Office Building (American Fork Utah)

JUST FINANCED

COPPER PEAK MEDICAL OFFICE BUILDING

Placement of Acquisition Financing

CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition financing for the post-closing financing of Copper Peak Medical Office Building. Sabrina Solomiany, Zack Holderman, and Cole Reethof acted as the exclusive advisors in arranging the financing.

Copper Peak Medical Office Building is a 99% leased three-story medical office property located in American Fork, Utah. The rent roll features a diverse, synergistic tenancy and a staggered lease expiration schedule with more than 5 years of WALT. The property is positioned in the Provo-Orem MSA which ranked the 11th fastest growing MSA from 2010-2019 and is ideally located adjacent to Intermountain Healthcare’s 91-bed American Fork Hospital, a leading acute care hospital in the submarket.

CBRE negotiated non-recourse acquisition financing at a highly competitive leverage level and interest rate with interest-only payments in the first year.

For more information, or if we can help with your healthcare real estate holdings, please contact us.

CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS

SABRINA SOLOMIANY

First Vice President
Debt & Structured Finance
+1 404 536 5054

ZACK HOLDERMAN

Senior Vice President
Debt & Structured Finance
+1 858 546 4670

CHRIS BODNAR

Vice Chairman
Investment Properties
+1 303 628 1711

LEE ASHER

Vice Chairman
Investment Properties
+1 404 504 5965

RYAN LINDSLEY

Senior Director
Investment Properties
+1 303 628 1745

JORDAN SELBIGER

Senior Director
Investment Properties
+1 404 923 1259

COLE REETHOF

Associate Director
Debt & Structured Finance
+1 404 504 7864

www.cbre.us/cm-healthcare

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