Capital Markets | Healthcare & Life Sciences
Just Financed
100% Leased to Hoag Memorial Hospital Presbyterian (Fitch ‘AA’)
CBRE
Transaction Highlights
Date Closed: 2/29/2024
Size: 16,074 RSF
Occupancy: 100%
4900 Barranca Parkway | Irvine, CA
CBRE U.S. Healthcare Capital Markets is pleased to announce the financing of 4900 Barranca Parkway (the “Property”), a single-tenant, net-leased urgent care facility located in Irvine, California. Zack Holderman, Jesse Greshin and Chris Bodnar worked with CBRE California’s Kyle Wilson and John Scruggs on behalf of the borrower to secure the financing.
The Property is a one-story, medical outpatient building 100% leased to Hoag Memorial Hospital Presbyterian (Fitch ‘AA’), a not-for-profit, regional health system in Orange County, California. At the premises, Hoag offers services such as Pediatrics, Family Medicine, Diabetes Care, and Physical Therapy, as well as Hoag Imaging and Breast Center, which offers diagnostic imaging and screening services.
CBRE negotiated a 55% LTV loan with a premier Life Insurance Company who offered full-term interest only and flexible prepayment at a highly competitive interest rate.
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
Brannan Knott
Executive Vice President
Investment Properties
+1 443 983 6039
Cole Reethof
Vice President
Investment Properties
+1 404 504 7864
Kyle Wilson
Vice President
Debt & Structured Finance, CA
+1 858 546 2662
John Scruggs
First Vice President
Healthcare Practice Advisory Group
+1 949 725 8592
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