**Värde Partners Closes $48 Million Refinance Deal for Englewood Medical Center**
Värde Partners has finalized a $48 million loan to refinance Synergy Medical Center, a premier medical office facility located in Englewood, Colorado.
Situated on the Swedish Medical Center campus, the 104,000-square-foot, Class A medical office building was developed in 2021 and stands as the newest property on the campus. Currently, the building is 80% leased, hosting a variety of healthcare providers. The largest tenant, HCA HealthOne, operates an ambulatory surgery center and offers specialty services including neurosurgery, orthopedics, and physical therapy.
The three-year, floating-rate loan was arranged by Ramsey Daya, Chris Moritz, and Grant Gooding of Newmark.
Värde Partners is a seasoned investor in healthcare real estate. Earlier in 2024, the firm acquired a $700 million portfolio comprising 61 medical outpatient buildings and an operating company to manage its healthcare assets.
As a real estate credit solutions provider, Värde aims to deliver flexible capital solutions and consistent execution for its borrowers.
