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SELECTED TRANSACTION DETAILS
CIT Arranges $64MM Refinance for Assisted Living Facilities in Florida
Tuesday, May 14, 2019

Lenders/Participants CIT Healthcare [Arranger]
Structure Loan Facility
Amount $645.000 Million
Borrower(s) Virtus Real Estate Capital
Description The borrower, Virtus Real Estate Capital (Virtus), is refinancing a portfolio of three properties comprising more than 350 assisted living and memory care units at facilities located in Clermont, Stuart and Tavares, Florida. Transaction details not disclosed.
Industry Senior Living Communities
Location FL
Related Tags CIT Group, CIT Healthcare Finance




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