SomerCor 504 provided a significant portion of the loan needed for the 58,000-square-foot, three-story surgery center.
The Magna Health surgery center occupies two stories of the building and the remainder of the facility is leased to local healthcare providers.
Magna Medical, of Magna Health Systems, owns and operates three surgery centers in the Chicago area.
More Articles on Transactions and Valuation Issues:
AmSurg Acquires Ownership in Merritt Healthcare Endoscopy Center in Stamford
Liberty Park Surgery Center Receives CON
Lake Health Bariatric Surgery Center Opens in Cleveland
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.