ATLANTA-GE Capital's Healthcare Financial Services division reports it has provided Chicago-based MB Real Estate with $89 million in senior secured financing to support the purchase of an award-winning medical office building in Atlanta.

The eight-story medical office building acquired through the transaction serves as the headquarters for Piedmont Healthcare, a five hospital healthcare system, according to the news announcement. The building was recognized by Building Owners and Managers Association International (BOMA) as the 2012 Best International Medical Office Building of the Year.

“Our team is focused solely on meeting the needs of borrowers in the healthcare real estate space,” states Jim Seymour, senior managing director of healthcare real estate at GE Capital, Healthcare Financial Services. “With over 60 senior secured medical office transactions since 2011, we are an active lender and continue to seek opportunities to help borrowers execute on their acquisition objectives.”

“GE Capital has proven to be a reliable debt provider to us on several transactions,” adds Peter Westmeyer, executive with MB Real Estate. “Their flexible approach, industry expertise and certainty of close, with respect to financing, were critical in our ability to acquire this very strong asset.”