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.

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. 


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