Saturday, October 24, 2015

HFF arranges $42.7 million refinancing for Samaritan Medical Tower in downtown Los Angeles

Samaritan Medical Tower, 1127 Wilshire Boulevard, Downtown Los Angeles, CA

Marc Schillinger
LOS ANGELES, CA –  Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged a $42.7 million refinancing for Samaritan Medical Tower, a 146,354-square-foot medical office building in downtown Los Angeles.

HFF worked on behalf of the borrower, Boulevard Investment Group, Inc., to secure the 10-year, fixed-rate CMBS loan.  The financing is interest only throughout the entire term.

Samaritan Medical Tower is located at 1127 Wilshire Boulevard directly across the street from Good Samaritan Hospital, a 408-bed, world-class academic medical center affiliated with both USC and UCLA Schools of Medicine.

 This location is convenient to the 110 Freeway and nearby development projects in downtown Los Angeles including the Wilshire Grand, 6th & Bixel, The Bloc, and the Good Samaritan Hospital expansion.  Originally built in 1964, Samaritan Medical Tower was extensively renovated in 2000 and 2014.

The HFF debt placement team representing the borrower was led by director Marc Schillinger.

 For a complete copy of the company’s news release, please contact:

 Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

No comments: