HYBRID CAPITAL ARRANGES $4.6M IN FINANCING FOR MEDICAL OFFICE PORTFOLIO

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CINCINNATI — Hybrid Capital, a New York-based full service commercial mortgage brokerage and advisory firm, has arranged $4.6 million in financing for the acquisition of three medical office properties in greater Cincinnati. The 30,000-square-foot Mercy Health Systems portfolio consists of three buildings, located at 10663 Montgomery Road and 12115 Sheraton Lane in Cincinnati and 328 Thomas More Parkway in Crestview Hills, Ky. The portfolio is 100 percent occupied by Mercy Health’s Cincinnati Sports Medicine and Orthopedic Center. The 10-year, fixed-rate loan was arranged through StanCorp Mortgage Investors on behalf of Med Cincinnati 3 LLC. Mercy Health Systems is a subsidiary of Ohio-based Catholic Health Partners.

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