HFF Arranges $42.7M Refinancing for Samaritan Medical Tower in Los Angeles
LOS ANGELES — HFF has arranged a $42.7 million loan for Boulevard Investment Group to refinance Samaritan Medical Tower, a 146,354-square-foot medical office building in Downtown Los Angeles. The tower is located at 1127 Wilshire Blvd.
The building is situated directly across the street from Good Samaritan Hospital, a 408-bed academic medical center affiliated with both USC’s and UCLA’s schools of medicine.
Samaritan Medical Tower was originally built in 1964. It was extensively renovated in 2000 and 2014.
The 10-year, fixed-rate CMBS loan features interest-only payments throughout the entire term. HFF’s Marc Schillinger worked on behalf of the borrower.