Welltower And Wafra Secure $327 Million Financing For Medical Office Portfolio Across 13 States
National
See Similar DealsWelltower And Wafra Secure $327 Million Financing For Medical Office Portfolio Across 13 States
Summary
The transaction involves a medical office portfolio comprising 22 properties with a total square footage of 1,400,000 across 13 states. The total loan amount secured for this portfolio refinancing is $327 million, which includes a senior loan and mezzanine debt. The financing is part of the United States market for medical office assets.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $327,000,000
- Lender: Morgan Stanley & Artemis
- Landlord: Fawaz Al-Mubaraki - Wafra; Shankh Mitra - Welltower
- Broker: Jordan Roeschlaub, Nick Scribani & John Caraviello - Newmark
Welltower and Wafra played significant roles in securing the financing. Morgan Stanley originated a senior loan amounting to $278.3 million, while Artemis contributed $48.7 million in mezzanine debt. Newmark facilitated the arrangement of this financing.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want