Siemens Financial, First Horizon Lend $65M on Palm Beach Gardens Medical Complex

AI Summary

Siemens Financial and First Horizon have financed $64.8 million for the construction of a hospital and medical outpatient complex in Palm Beach Gardens, Florida. The Health Park at Avenir project is fully leased to Jupiter Medical Center.

Siemens Financial and First Horizon have supplied $64.8 million of construction financing to develop a hospital and medical outpatient complex in Florida’s Palm Beach County, Commercial Observer has learned. Sina Companies secured the loan for the planned Health Park at Avenir project in Palm Beach Gardens, Fla., that is fully leased to Jupiter Medical Center. […]