First Citizens Bank provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, FL.
The center will have six operating rooms and 23 beds and will provide outpatient surgical services in bariatrics, cardiology, endoscopy, general surgery, neurology, orthopedic surgery, otolaryngology, and plastic and vascular surgery. Surgical Investors & Advisors played an important role in arranging the financing.
“The creation of this new ambulatory surgery center is another step forward for healthcare in the region and an important addition to the region’s healthcare infrastructure,” Brad Beisbier, area executive of First Citizens Bank, said. We appreciated the opportunity to work closely with the client to make this financing a reality. In addition, Surgical Investors & Advisors played a vital role, leveraging their deep industry expertise in helping to bring this deal together and get the center opened and running as quickly as possible.”
“We were pleased to work with the borrower and First Citizens Bank to create a successful financing package for this world-class ambulatory surgery center. It will provide high quality, convenient, and affordable care, with improved accessibility, reflecting our commitment to improving lives,” Robert Wildmon, senior vice president of operations at Surgical Investors & Advisors, said.
