First citizens bank provides $52.4 million to finance portfolio of medical office building properties

New york , jan. 31, 2023 /prnewswire/ -- first citizens bank today announced that its healthcare finance group, part of the cit division, has provided $52.4 million to affiliates of kayne anderson real estate and remedy medical properties to finance a portfolio of medical office building properties. the portfolio consists of an aggregate of more than 300,000 square feet of space in 13 properties spread across various states, including virginia, texas, tennessee, indiana, wisconsin, connecticut and california.
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