Deals - National
Capital One Provides $311M to Recap MOB Portfolio
The financial services company came through for the borrowers—an institutional investor and a joint venture between Kayne Anderson Real Estate Advisors and MB Real Estate Healthcare—arranging two loans for the recapitalization of 28 medical office buildings totaling 1.5 million square feet.
CIT to Leave Reverse Mortgage Business
The sale of Financial Freedom, CIT’s reverse mortgage servicing business, and its $900 million portfolio is expected to close in the second quarter of 2018.