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Home Commercial RMR-Managed Venture Lands $272MM Refinancing for 330,000 SQFT Cedars-Sinai Medical Office Towers in Los Angeles
CommercialFinanceIndustry NewsLos Angeles

RMR-Managed Venture Lands $272MM Refinancing for 330,000 SQFT Cedars-Sinai Medical Office Towers in Los Angeles

October 15, 20263 Mins read10
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A joint venture managed by The RMR Group has swapped a maturing CMBS loan on two Cedars-Sinai-anchored medical office towers on West Third Street for a $272.1 million floating-rate package from Morgan Stanley and BNP Paribas, pushing its next maturity out by as much as five years on one of Los Angeles' most hospital-dependent office assets.

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