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$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.

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Publication:Real Estate Weekly
Date:Sep 16, 2015
Words:142
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