First Citizens Bank to put up $52.4M for medical office building portfolio

Raleigh, N.C.-based First Citizens Bank has provided $52.4 million in financing to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties for a portfolio of medical office buildings across seven states.

The portfolio includes 13 buildings totaling more than 300,000 square feet across Virginia, Texas, Tennessee, Indiana, Wisconsin, Connecticut and California, according to a Jan. 31 press release. 

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