Printer Friendly

$21M for medical center.

Angelic Real Estate and CGA Capital have completed a $21.5 million financing for certain portions of the new Presence St. Joseph Ambulatory Care Center in Chicago's Lincoln Park neighborhood.

The project is currently under construction on a former surface parking lot for the Presence St. Joseph Hospital by Milwaukee-based Hammes Company.

Upon its completion in Fall 2015, the new facility will house additional Presence St. Joseph operations, other medical and related tenants, and parking.

Angelic Real Estate is a New York City based investment banking and investment brokerage firm with over $6 billion in experience nationally and internationally.

Angelic finances and sells both existing and to-be-built office, industrial, healthcare, multi-family and retail projects as both a principal and an intermediary, and has a significant build-to-suit financing practice.

CGA Capital is a source for real estate net lease and credit-based financing nationwide.

COPYRIGHT 2015 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Date:Sep 16, 2015
Previous Article:Paradigm nurses along $192M deal.
Next Article:Historic preservation won't save affordable housing.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters