**JLL Arranges $34.1M Construction-to-Perm Loan for Sacramento Medical Office Building**
JLL Capital Markets has successfully arranged a $34.115 million construction-to-permanent loan for the development of SixSixty, a newly renovated Class A medical office building totaling 124,076 square feet in downtown Sacramento.
The financing was secured on behalf of the borrowers, a joint venture between RevOZ Capital—Revitate’s opportunity zone investment platform—and Argosy Real Estate Partners. The seven-year loan was provided through Siemens Financial Services, with JLL Senior Managing Directors Jeff Sause and John Chun leading the transaction.
SixSixty is strategically located at 660 J Street in Sacramento’s Downtown Commons (DoCo), a vibrant entertainment and lifestyle district that has undergone a significant revitalization. The area is anchored by the award-winning Golden 1 Center and a variety of retail, dining, and luxury hospitality destinations.
Originally constructed in 1984, the property underwent comprehensive renovations after the borrower acquired it in 2020. Currently, 97% of its rentable space is leased to one of the largest health systems in the United States, reinforcing its position as a premier healthcare destination in the region.
