BETHESDA HEALTH CITY ACQUIRED FOR $37 MILLION

Boynton Beach, FL – October 19, 2011 – (RealEstateRama) — CBRE arranged the financing for the acquisition of Bethesda Health City, a medical health care facility, on behalf of Flagler Investment LLC. The terms of the $26.3 million loan include a ten-year term, 30-year amortization, at 70% loan-to-value.


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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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