TARZANA, CA–Jacksonville, FL-based First Citizens Bank recently revealed that its Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center.
The Ventana is a 122,000-square-foot class A medical office facility in Tarzana, CA, a suburban section of the San Fernando Valley region of Los Angeles. It is co-anchored by Cedars Sinai Medical Center and Providence Health System-Southern California.
According to Daniel Kashani, founder and CEO of Tristar Realty Group, "With its modern facilities, strategic location and premier tenants, The Ventana is an outstanding medical office building. We appreciated the deep industry knowledge of the First Citizens Medical Office Banking group and their ability to provide solid guidance and efficiently execute and close on this financing."
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