RMR arranges $272.1 million loan from Morgan Stanley, BNP for Cedars-Sinai medical office buildings
The interest-only financing carries a two-year initial term with three one-year extension options and is secured by two buildings on W. Third St.
At a glance
The RMR Group Inc. has arranged a $272.1 million interest-only mortgage secured by two Los Angeles medical office buildings anchored by Cedars-Sinai Medical Center.
The loan carries a two-year initial term with three one-year extension options, according to Connect CRE.
The RMR Group Inc. has arranged a $272.1 million interest-only mortgage secured by two Los Angeles medical office buildings anchored by Cedars-Sinai Medical Center. Morgan Stanley and BNP Paribas provided the financing, Connect CRE first reported.
The loan carries a two-year initial term with three one-year extension options, according to Connect CRE. It is secured by 8631 and 8635 W. Third St.
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