Capital Markets | Healthcare & Life Sciences
Just Financed
Nine Medical Office Building Portfolio Located in Top U.S. Markets
CBRE
Transaction Highlights
Date Closed: 10/02/2023
Size: 435,179 RSF
NJ, IL, VA, TX, SC, AZ
CBRE U.S. Healthcare Capital Markets is pleased to announce the financing of the Everest Healthcare Portfolio, a nine-property medical office portfolio located throughout the country. Zack Holderman, Jesse Greshin, Chris Bodnar and Trent Jemmett acted as exclusive advisors for FOSUN International, one of the largest multinational conglomerates in the world.
The nine assets totaled 435,179 SF and have a WALT of just under 5 years. Seven of the nine assets are located in top 50 MSAs. 78% of the Portfolio (by square footage) is located on or adjacent to a hospital campus, a major future driver for potential healthcare tenants. The tenant mix includes 52% hospitals and health systems, including investment grade tenancy such as RWJ Barnabas Health (Moody’s ‘AA3’), Tenet Health (Moody’s ‘B1’), Bon Secours (Moody’s A1) and LifePoint Health (Moody’s B2).
CBRE negotiated favorable terms with a non-recourse lender, including a highly competitive interest rate, flexible prepayment, full-term interest only and additional proceeds for future 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:
Zack Holderman
Senior Vice President
Debt & Structured Finance
+1 858 337 9412
Jesse Greshin
Vice President
Debt & Structured Finance
+1 860 808 4810
Chris Bodnar
Vice Chairman and Managing Director
Investment Properties
+1 720 635 2653
Trent Jemmett
Senior Director
Investment Properties
+1 858 646 4740
Cole Reethof
Director
Investment Properties
+1 404 504 7864
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