First Citizens Bank Provides $37M Refinancing for Medical Office Building in Birmingham

BIRMINGHAM, ALA. — First Citizens Bank has provided a $37 million loan for the refinancing of Grandview Physicians Plaza I, a medical office building (MOB) in Birmingham. Rethink Healthcare Real Estate was the borrower. Tenants at the property, which totals 200,000 square feet on the Grandview Medical Center campus, include practices specializing in endoscopy, imaging, orthopedics, women’s health services, internal medicine and physical therapy.