CIT Provides $51M Loan To Seavest Healthcare For Refinancing Medical Office

A medical office property located at 7305 Circuit Dr in Hillsboro, OR, with a total square footage of 118,000, has recently undergone a refinancing transaction. The loan was provided by CIT and facilitated by William Douglass. The loan amount for the refinancing was $51,000,000. The landlord of the property is Seavest Healthcare Properties, LLC.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $51,000,000
• Address: 7305 Circuit Dr, Hillsboro, OR
• Lender: CIT - William Douglass
• Landlord: Seavest Healthcare Properties, LLC

The refinancing deal for the medical office was successfully executed, providing the necessary funds for the property. This transaction highlights the involvement of key individuals and companies, including CIT as the lender and William Douglass as the facilitating representative. Seavest Healthcare Properties, LLC acts as the landlord for the medical office property.