Cit arranges $67.5 million financing for acquisition and expansion of surgical hospital and adjacent medical office

New york , aug. 17, 2022 /prnewswire/ -- cit, a division of first citizens bank, today announced that its healthcare finance  business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the northwest specialty hospital in the greater spokane market region. the property consists of a multi-specialty surgical hospital with 32 beds, eight operating rooms, two procedure rooms, two anesthesia recovery units, an endoscopy center and a connected 36,000-square-foot medical office building located in post falls, idaho, part of the greater spokane market.
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