News Release: BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.98 Million Facility for Rendina Healthcare Real Estate

BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed an $18.98MM construction loan for the development of a three-story, 61k sq. ft., ambulatory care center in downtown Bristol, CT.  The Property is 100% leased to Bristol Hospital Multi-Specialty Group Inc., a subsidiary of Bristol Hospital, Inc. The facility will include a diabetic center and will offer a range of services including endocrinology, rheumatology, urology, and cardiology.

Rendina Healthcare Real Estate is a privately owned, full-service healthcare real estate company located in Jupiter, FL, which operates nationally. Its expertise includes design, development, acquisition, leasing and management.  In the last 30 years the company has developed more than 7.5 million square feet of healthcare related properties with many leading for-profit and not-for-profit healthcare systems in 17 states.

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