Aug
31

LA-Area MOB Lands $51M Refi

By
Capital One secured the loan on behalf of TriStar Realty Group. The 120,000-square-foot asset is the first new medical office building to open in the area within the last 20 years.

TriStar Realty Group received a $51 million loan to refinance construction debt on Ventana Medical Plaza, its off-campus medical office building located in Tarzana, Calif. Capital One secured the loan on behalf of TriStar and Geoff Arrobio of Walker & Dunlop provided advisory services to the company.

The 120,000-square-foot asset is the first new medical office building to open in the area within the last 20 years. The building includes a 600-space parking garage, 4,200 square feet of first floor retail and offers quick access to the Providence Tarzana Medical Center, a 249-bed care hospital that is part of Providence St. Joseph Health…

LA-Area MOB Lands $51M Refi

Share
Categories : Finance

Leave a Reply

You must be logged in to post a comment.