U of Illinois enters financing agreement for outpatient surgery center, specialty clinics building

The board of trustees of the University of Illinois in Chicago and Mesirow Financial entered into a public finance and credit tenant lease with structured debt products to fund the university’s Outpatient Surgery Center and Specialty Clinics building.

Advertisement

The building is being constructed across from the University of Illinois Chicago Hospital. Developers expect it will be complete by fall 2022.

The partnership with Mesirow allows the building to be owned in a 501(c)(3) ownership structure.

More articles on specialty centers:
ASC considers in-house alternative to ‘overwhelmed’ hospital testing center — 3 insights
425 surgery centers that received PPP funds of more than $150K by state
4 COVID-19 testing insights for ASCs

Advertisement

Next Up in New ASC Development

  • Becker’s reported on 39 hospital mergers and acquisitions in 2025, ranging from rural hospital partnerships to massive, multi-state system expansions. …

  • Brewer, Maine-based Northern Light Health will close its primary care practice in Castine on Feb. 27, citing staffing challenges, declining…

  • The dynamics shaping mergers and acquisitions within the ASC space are constantly shifting as corporate entities push consolidation efforts and…

Advertisement

Comments are closed.