Los AngelesColonyCapital has refinanced $1.7 billion in consolidated debtin its healthcare segment. The debt was scheduled to mature inDecember 2019. The new loan totals $1.5 billion and has a five-yearterm with and a blended interest rate of one-month LIBOR plus3.33%.

According to the firm, the collateral package for the new loanincludes 158 U.S. healthcare properties, a total of 189 buildings,but excludes certain assets that were collateral for the previousloan.

The properties include medical office buildings, senior housingproperties, skilled nursing facilities and hospitals. Colony'sownership position in these properties is 70%.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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