Press release content from PR Newswire. The AP news staff was not involved in its creation.
CIT Serves as Sole Lead Arranger on $16.1 Million Financing for Acquisition of Dialysis Center Portfolio
February 4, 2021 GMT
(PRNewsfoto/CIT Group Inc.)
NEW YORK, Feb. 4, 2021 /PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers.
Cypress West Partners acquired the portfolio of six newly constructed built-to-suit dialysis centers in Meridian, McComb and Jackson, Mississippi; Lake Charles, Louisiana; Sacramento, California; and Bellmead, Texas. The facilities are occupied by Fresenius Medical Care, a leading dialysis provider.
Here s How Much Every State Spends on Public Health
By Andrew Lisa, Stacker News
On 1/30/21 at 10:00 AM EST
Public health is the branch of medicine that deals with prolonging and improving the quality of life across entire populations. Such a task is wide-reaching and can include anything from public education campaigns and hygiene mandates to disease-prevention initiatives and anti-addiction or non-smoking initiatives.
In the United States, individual states are responsible for creating, administering, funding, and overseeing public health policies, services, initiatives, and governing bodies but not all states put an equal amount of resources into the cause.
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CIT Serves as Sole Lead Arranger on $48MM Portfolio Financing of Medical Office Buildings
January 28, 2021, 07:15 AM
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The borrower is a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties. The portfolio properties are located in four states and collectively total more than 189,000 square feet. They include:
The Bon Secours Medical Office Building in Chesapeake, Virginia.
The Locust Grove Medical Center in Locust Grove, Georgia.Â
The Spectrum Medical Office Building in Gilbert, Arizona.
The Arizona Spine and Joint Medical Office Building in Mesa, Arizona.Â
The Plano Medical Office Building in Plano, Texas.
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At the end of December, Deputy Mayor for Health and Human Services
Wayne Turnage came to D.C. councilmembers with an emergency. The District’s Medicaid contract, which, at $1.5 billion, is among the largest that the D.C. government hands out, was in trouble.
Turnage lobbied councilmembers on emergency legislation that would essentially sidestep a Contract Appeals Board ruling on the District’s violation of procurement law and create an exemption for MedStar, one of the three companies chosen to manage health care for Medicaid beneficiaries. The goal, he says, was to avoid yanking 67,000 of the most “medically fragile” residents from one health insurance plan to another twice in one year.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
CIT Serves as Sole Lead Arranger on $48 Million Portfolio Financing of Medical Office Buildings
January 27, 2021 GMT
(PRNewsfoto/CIT Group Inc.)
NEW YORK, Jan. 27, 2021 /PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger of senior debt financing aggregating $48 million for the acquisition of a portfolio of medical office buildings.
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The borrower is a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties. The portfolio properties are located in four states and collectively total more than 189,000 square feet. They include: