CIT provides $39.2M for acquisition of 7 medical office buildings

CIT, First Citizens Bank’s commercial banking division, funded the $39.3 million acquisition of seven medical office buildings by Texas-based private equity firm Ridgeline Capital Partners.

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The properties in Texas, Georgia, Washington and Idaho add more than 150,000 square feet to Ridgeline Capital Partners’ portfolio of medical office buildings, ASCs and behavioral health facilities, according to an Oct. 18 news release from CIT. 

 

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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