Portfolio
UCLA Health
111 E. Victoria, Santa Barbara, CA
Investment:
Property Type:
Structure:
Purpose:
Closing Date:
Status:
$4,000,000
Single Tenant Triple-Net Leased
Preferred Equity
Payoff existing lender, provide for sufficient escrows until tenant takes occupancy
8/24/2023
Active
A trophy healthcare asset tenanted by UCLA Health. This newly renovated state-of-the-art facility has been chosen by UCLA as a flagship cancer treatment center and features a brand new 10 year NNN lease guaranteed by The Regents of The University of California. The lease guarantor holds spectacular credit ratings of AA and Aa2, by Fitch and Moody’s. UCLA Health is ranked the #1 Health System in California, with over 250 locations across Southern California. With hundreds of UCLA physicians listed among the Best Doctors in America and one of the top-rated cancer centers in the United States, this tenant is among the most comprehensive and advanced healthcare providers in the world.