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GE gives $72 million mortgage to Landmark for outpatient complex

The 210,000-square-foot building houses an outpatient center run by University of Florida Health.
By Healthcare Finance Staff
Jacksonville, Florida

Landmark Healthcare Facilities this week said it has scored a $72 mortgage from GE Capital’s Healthcare Financial Services business to purchase a new outpatient medical complex in Jacksonville, Florida.

The 210,000-square-foot building houses an outpatient center run by University of Florida Health, an academic medical center and physician practice group run by the university. The remaining space is leased by other physicians.

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Milwaukee, Wisconsin-based Landmark manages physician office buildings and clinics, ambulatory care and surgery centers, cardiac and cancer centers, imaging centers, fitness and women’s centers and laboratories.

Physicians Realty Trust, a healthcare real estate company, provided the mezzanine loan to Landmark.

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