First Citizens Bank Provides $37M Refinance Loan For Birmingham Medical Office | 3686 Grandview Parkway | First Citizens Bank | Medical Office | Loan

Summary

Loan

ALABAMA

Medical Office

200,000 sqft

The $37 million loan was facilitated by First Citizens Bank to refinance Grandview Physicians Plaza I, a medical office building (MOB) located at 3686 Grandview Parkway in Birmingham, AL.

Summary of transaction details:

Property Type: Medical Office
Transaction Amount: $37,000,000
Landlord: Douglas Ray - Rethink Healthcare Real Estate
Lender: First Citizens Bank
Address: 3686 Grandview Parkway
Market: Birmingham, AL
Asset Size: 200,000 SF

Rethink Healthcare Real Estate, represented by Douglas Ray, will be the borrower for the refinancing loan provided by First Citizens Bank.

Players

All
1

Lenders
1

First Citizens Bank

Details

Deal Summary

FINANCED

IMAGE: Douglas Ray DATE: 02/09/2024 ADDRESS: 3686 Grandview Parkway MARKET: Birmingham, AL ASSET TYPE: Medical Office ~ SF: 200,000 LENDER: First Citizens Bank LANDLORD: Douglas Ray - Rethink Healthcare Real Estate LOAN AMOUNT: $37,000,000 LOAN TYPE: Refinance NOTE: First Citizens Bank facilitated a $37 million loan to refinance Grandview Physicians Plaza I, a medical office building (MOB) located in Birmingham, with Rethink Healthcare Real Estate as the borrower.

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Address3686 Grandview Parkway

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