RALEIGH,
N.C., Feb. 6, 2024 /PRNewswire/ -- First
Citizens Bank today announced that it has provided $22.5 million in financing for the development of
a new outpatient surgery center in Orlando, Florida.
The center will have six operating rooms and 23 beds and will
provide outpatient surgical services in bariatrics, cardiology,
endoscopy, general surgery, neurology, orthopaedic surgery,
otolaryngology, and plastic and vascular surgery. Surgical
Investors & Advisors LLC 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," said Brad Beisbier, First Citizens Bank area
executive.
"We appreciated the opportunity to work closely with the client
to make this financing a reality," Beisbier continued. "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," said Robert Wildmon, Senior Vice President of
Operations at Surgical Investors & Advisors.
About First Citizens Bank
First Citizens Bank helps
personal, business, commercial and wealth clients build financial
strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a
unique legacy of strength, stability and long-term thinking that
has spanned generations. First Citizens offers an array of general
banking services including a network of more than 500 branches and
offices in 30 states; commercial banking expertise delivering
best-in-class lending, leasing and other financial services coast
to coast; innovation banking serving businesses at every stage; and
a nationwide direct bank. Parent company First Citizens BancShares,
Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with
more than $200 billion in assets.
Discover more at firstcitizens.com.
MEDIA RELATIONS:
John M.
Moran
212-461-5507
John.moran2@firstcitizens.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/first-citizens-bank-provides-22-5-million-for-orlando-ambulatory-surgery-center-302053920.html
SOURCE First Citizens Bank