![]() Kayne Anderson and Remedy Medical PropertiesĬapital One financed four deals for Kayne Anderson and Remedy Medical Properties. The team worked with Landmark to provide a bespoke solution, aligning the debt structure to their business plan and operating agreement requirements. “This acquisition enables us to grow our presence in new markets and continue to serve the medical community.”Ĭapital One provided $349 million to refinance 10 single asset loans with Landmark Healthcare Facilities. “Capital One’s execution of this loan supports our goals to expand in the healthcare space and enhance our portfolio,” said Paul Nelson, Managing Director of Investment Management at Invesco Real Estate. “We worked closely with all parties to provide an all-encompassing healthcare real estate solution that included loan underwriting, capital markets and syndication,” said Tellefson. The properties include medical centers, outpatient centers, neuroscience and heart centers, among others. ![]() The second was a $211 million transaction to finance the acquisition of 20 medical office buildings across five states. The first was a $382.5 million loan to finance the acquisition of a national portfolio of 31 medical office buildings across 15 states. “Our bespoke lending aligned with the borrowers’ respective plans, and our strong support of sponsors’ growth in 2020 was evident in the transactions we were able to fund.”Ĭapital One closed two deals for the joint venture of Invesco Real Estate, a global real estate investment manager, and Welltower, Inc. “We were able to support our existing customers and lend to new borrowers during a challenging year by tapping into our healthcare expertise, structure and flexibility, risk-adjusted pricing on balance sheet relationship lending, and most importantly, certainty of execution,” said Erik Tellefson, Managing Director of Capital One Healthcare Financial Services. Since 2010, this team–which was acquired in 2015 by Capital One from GE Capital Healthcare Financial Services–has financed in excess of $18 billion in balance sheet debt in the medical office and life sciences space. ![]() ![]() The team funded transactions ranging from $15 million single-asset loans to $1 billion value portfolios across medical office buildings, medical properties, life science transactions and healthcare REIT lending. New York, NY (March 22, 2021) – Capital One announced its Medical Office team, part of the Capital One Healthcare Real Estate business, closed 43 deals totaling about $2.5 billion throughout 2020. Capital One provided the financing for the joint venture of Invesco Real Estate and Welltower Inc., including Bethesda Health City, 10301 Hagen Ranch Road, Boynton Beach, Fla. ![]()
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