OREANDA-NEWS. GE Capital’s Healthcare Financial Services (HFS) business announced today that it has provided a first mortgage to Landmark Healthcare Facilities LLC for a 210,000-square-foot outpatient medical complex in Jacksonville, FL.

The property is composed of an outpatient care center as well as medical offices. The fully-leased building includes the outpatient and specialty services of University of Florida Health (UF Health), an academic medical center, and the University of Florida’s physician practice group. Community physician practices lease the remaining space in the building. The first phase of UF’s new Health North campus opened in February.

Milwaukee, WI-based Landmark is a full-service developer of physician office buildings and clinics, ambulatory care and surgery centers, cardiac and cancer centers, imaging centers, fitness and women’s centers and laboratories. Formed in 1995, Landmark has developed more than 300 outpatient facilities.

“We’ve worked with GE Capital’s Healthcare Financial Services business since 2011,” said Mark Eisenmann, Landmark’s CFO. “In addition to being a reliable source of financing, we appreciate their in-depth understanding of the unique nature of medical office buildings.”

“It was great to work with a premier medical office developer such as Landmark, as well as with Physicians Realty Trust, which provided the mezzanine financing. This transaction represents our strong commitment to the medical office space. We’re confident this new community hospital in North Jacksonville will quickly become a crucial source of medical services while creating new jobs in the region,” said Erik Tellefson, a managing director of GE Capital, Healthcare Financial Services.