Ochsner Clinic Foundation

Baton Rouge and Slidell, LA


Bondable master lease permanent CTL Private Placement Bond financing.
  • Special use facilities – one hospital and three medical office buildings
  • Facilities only partially occupied by credit tenant (subleases in place)
  • Bondable master lease underwritten to a 1.0x DSCR
  • Financing represented > 200% of cost basis
  • 20 yr. term / 20 yr. amortization