First Citizens Bank has provided mortgage financing to Stockdale Capital Partners for the acquisition of West Plano Medical Village, a modern outpatient facility in Plano, Texas.

Target Information

Stockdale Capital Partners has successfully secured mortgage financing from First Citizens Bank for the acquisition of West Plano Medical Village, an advanced medical outpatient facility located in Plano, Texas. This Class A building encompasses 49,288 rentable square feet and is currently fully leased to a diverse array of healthcare providers. Constructed in 2022, this facility is strategically positioned to serve the healthcare needs of the Collin County region and the larger Dallas-Fort Worth metropolitan area.

Industry Overview in the United States

The healthcare industry in the U.S. continues to expand and adapt to changing population dynamics and technological advancements. With an increasing emphasis on outpatient services and value-based care, facilities like West Plano Medical Village are pivotal in meeting patient needs while promoting efficient healthcare delivery. The trend towards outpatient care reflects a broader shift away from traditional inpatient settings, allowing for more accessible and cost-effective treatment options.

Texas, in particular, has become a focal point for healthcare investment due to its rapid population growth and the demand for high-quality medical services. The Dallas-Fort Worth area is renowned for its robust healthcare infrastructure and divers