{"id":1004680659,"date":"2023-09-18T05:04:13","date_gmt":"2023-09-18T13:04:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004680659"},"modified":"2023-09-18T05:04:14","modified_gmt":"2023-09-18T13:04:14","slug":"onicx-secures-29m-refi-for-florida-mobs","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/onicx-secures-29m-refi-for-florida-mobs\/","title":{"rendered":"Onicx Secures $29M Refi for Florida MOBs"},"content":{"rendered":"<div id=\"attachment_1004680660\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Trinity-Medical-Arts-Building.-Image-courtesy-of-CommercialEdge-e1695035450913.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004680660\" data-attachment-id=\"1004680660\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/onicx-secures-29m-refi-for-florida-mobs\/trinity-medical-arts-building-image-courtesy-of-commercialedge\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Trinity-Medical-Arts-Building.-Image-courtesy-of-CommercialEdge-e1695035450913.jpg\" data-orig-size=\"861,646\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Trinity Medical Arts Building. Image courtesy of CommercialEdge\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Class A Trinity Medical Arts Building came online in 2011. Image courtesy of CommercialEdge&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Trinity-Medical-Arts-Building.-Image-courtesy-of-CommercialEdge-e1695035450913.jpg?w=861\" class=\"wp-image-1004680660 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Trinity-Medical-Arts-Building.-Image-courtesy-of-CommercialEdge-e1695035450913.jpg?w=300\" alt=\"The Class A Trinity Medical Arts Building came online in 2011. Image courtesy of CommercialEdge\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Trinity-Medical-Arts-Building.-Image-courtesy-of-CommercialEdge-e1695035450913.jpg 861w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Trinity-Medical-Arts-Building.-Image-courtesy-of-CommercialEdge-e1695035450913.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/09\/Trinity-Medical-Arts-Building.-Image-courtesy-of-CommercialEdge-e1695035450913.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004680660\" class=\"wp-caption-text\">The Class A Trinity Medical Arts Building came online in 2011. <em>Image courtesy of CommercialEdge<\/em><\/p><\/div>\n<p><strong>Onicx Group<\/strong> has secured a $29 million refinancing loan for two medical office buildings totaling 132,000 square feet in Trinity, Fla., and Kissimmee, Fla.\u00a0<strong>First Citizens Bank<\/strong>&#8216;s Healthcare Finance business, part of the CIT division, provided the loan.<\/p>\n<p>Both medical offices were subject to previous financing in 2020. <a href=\"https:\/\/www.commercialsearch.com\/news\/onicx-development-lands-22m-refi-for-tampa-area-mob\/\">Trinity Medical Arts Building<\/a> received a five-year, $21.8 million cash-out refinancing from <strong>ServisFirst Bank<\/strong>, while Poinciana Medical Arts Building was subject to a $7.9 million loan, due in 2025, originated by <strong>Ameris Bank<\/strong>, CommercialEdge data shows.<\/p>\n<p>The properties are part of Florida Trinity Hospital and Poinciana Hospital campuses. The 90,000-square-foot Trinity Medical Arts Building came online in 2011 on 0.6 acres. The four-story, Class A facility features 23,000-square-foot floorplates, controlled access, four passenger elevators and offers 540 parking spaces.<\/p>\n<p>Located at 9332 State Road 54, the property is within the Tampa St. Petersburg Clearwater market, some 30 miles Northwest of downtown Tampa. Its tenant roster includes Fresenius Kidney Care Seven Springs, New Port Richey Surgery Center and Women\u2019s Care Center.<\/p>\n<p>Delivered in 2013, Poinciana Medical Arts Building encompasses 42,000 square feet on 10.2 acres. The two-story, Class B building features a passenger elevator, controlled access and shares parking space with the hospital campus. The property at 339 Cypress Parkway has access to State Route 580 and is 35 miles South of downtown Orlando, Fla.<\/p>\n<p>First Citizens Bank recently provided a $14.5 million refinancing loan for <a href=\"https:\/\/www.commercialsearch.com\/news\/faros-properties-lands-refi-for-connecticut-medical-facility\/\">Holly Pond Plaza<\/a>, a 73,060-square-foot medical facility in Stamford, Conn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pair of properties are near Tampa and Orlando.<\/p>\n","protected":false},"author":2829,"featured_media":1004680660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21754,21742,1493,32781,1612],"tags":[33278,49441],"class_list":["post-1004680659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-medical-office","category-latest","category-orlando","category-southeast","category-tampa","tag-first-citizens-bank","tag-onicx"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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