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10/23/15
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Boulevard Investment Group Inc has refinanced Samaritan Medical Tower with a new $42.7 mil loan that was arranged by Marc Schillinger of HFF. The 10-year, fixed-rate CMBS loan is interest-only throughout the entire term.
Samaritan Medical Tower, a 146.4k sf medical office building, is located at 1127 Wilshire Blvd in downtown Los Angeles. Originally built in 1964, the property was extensively renovated in 2000 and 2014.
Samaritan Medical Tower is situated directly across the street from Good Samaritan Hospital, a 408-bed, world-class academic medical center affiliated with both USC and UCLA Schools of Medicine. This location is convenient to the 110 Fwy and nearby development projects in downtown Los Angeles including the Wilshire Grand, 6th & Bixel, The Bloc, and the Good Samaritan Hospital expansion.
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