CTL Capital closes on Credit Tenant Loan Facility Totaling $75mm for Two Medical Office Buildings Leased to North Shore-LIJ Health System

CTL Capital recently provided $75,000,000 in construction and permanent ctl financing for the reconstruction and improvement of multiple medical facilities leased to North Shore-Long Island Jewish Health System Inc. These facilities make up part of the system’s 16 hospitals, including five tertiary hospitals, seven community hospitals, three specialty care hospitals, and one affiliate hospital, forming an integral part of medical care on Long Island. The 30 year fixed rate bond financing provided construction, forward funding, and permanent ctl financing for the developer.