Cit provides $39.25 million for acquisition of medical office buildings

New york , oct. 18, 2022 /prnewswire/ -- cit, a division of first citizens bank, today announced that its healthcare finance business provided $39.25 million in financing for the acquisition of a portfolio of seven medical office buildings and dialysis centers in texas, georgia, washington and idaho. the properties were acquired by affiliates of ridgeline capital partners, a texas-based firm focused exclusively on acquiring and operating healthcare real estate.
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