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Sendero Capital, Angelo Gordon Land $75M Credit Facility
JLL Capital Markets has arranged a $75 million credit facility for a joint venture between Angelo Gordon and Sendero Capital, which is dedicated to the medical property sector.
This credit facility is divided into a $30 million seed portfolio and a $45 million accordion feature, allowing for the acquisition of additional medical properties. The programmatic joint venture aims to invest up to $300 million in outpatient healthcare real estate, with a focus on value-add and core plus outpatient medical office and surgery center assets.
The transaction was led by Anthony Sardo of the JLL Capital Markets Debt Advisory team.
- ◦Financing