First citizens bank provides $44.2 million for medical office building portfolio

New york , march 30, 2023 /prnewswire/ -- first citizens bank today announced that its healthcare finance group, part of the cit division, has provided $44.2 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 three medical office building properties located in wisconsin and illinois with combined rentable space of more than 266,000 square feet.
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