The MOB Portfolio, located in Florida, Illinois, and Pennsylvania, is a medical office property with a size of 200,000 square feet. The property was involved in a closed transaction.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $50,300,000
• Date: 02/24/2023
• Lender: First Citizens Bank
• Landlord: Montecito Medical - Chip Conk

In this deal, First Citizens Bank provided a loan amount of $50,300,000 for the MOB Portfolio. Montecito Medical, represented by Chip Conk, acted as the landlord in this transaction.