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| Samaritan Medical Tower, 1127 Wilshire Boulevard, Downtown Los Angeles, CA |
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| 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 | www.hfflp.com
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