JLL Capital Markets announces today that it has arranged $78 million through multiple financings for a 19-property healthcare portfolio totaling 319,424 square feet in nine states.
JLL worked on behalf of the borrower, Montecito Medical Real Estate, to secure loans from multiple lenders across various geographic regions including the Southeast, Mid-Atlantic, Midwest and North Texas.
The JLL Capital Markets Debt Advisory team was led by Managing Director John Chun, Director Anthony Sardo, Managing Director Tim Joyce, Managing Director Chris Hew and Senior Director Bobby Norwood.
The properties average an occupancy level of 95% with double-digit weighted average remaining lease term and are located in Texas, Kansas, Missouri, Alabama, Indiana, Maryland, Ohio, Pennsylvania and Virginia.
