June 25th, 2013

Lim Ruger Closes $60 Million Loan For Acquisition of UCLA Medical Office Building

Lim Ruger served as local counsel in connection with acquisition financing for an East Coast purchaser of a medical office building (“MOB”) in Santa Monica.  UCLA will continue to be the sole tenant of the MOB.  Because the deal was highly leveraged, the loan terms were a key driver for the transaction.  Lim Ruger attorneys John Lim and Marc Manason helped the client to eliminate or scale back burdensome lender requirements regarding lease enforceability.

LimNexus is trusted by Fortune 500 companies, multinational corporations, governments, and private entrepreneurs. We deliver cost-effective business solutions to our clients.