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0 0 -0.00336401020714884 -0.00336401020714884 -0.00336401020714884 3.19772833371606E-06 0.00199538248028593 0.00207852341696459
Stock impact report

First Citizens Bank Provides $50 Million to Refinance Los Angeles Medical Office Building [Yahoo! Finance]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Yahoo! Finance
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, California , 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. "With its modern facilities, strategic location and premier tenants, The Ventana is an outstanding medical office building," said Daniel Kashani , founder and CEO of Tristar Realty Group. "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." "Tristar Realty is well-known for their expertise in developing and managing top-quality medical properties. We are pleased to have the opportunity to work with them on this transaction," said William Douglass, managing director and Show less Read more
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