News Release: Recent Closing | Acquisition Loan

CLOSED: Cadence Capital Partners Healthcare Real Estate Group Secures $27,000,000 Acquisition Loan

Cadence Capital Partners is pleased to announce the closing of a $27,000,000 non-recourse, bridge loan for the acquisition of a Class A, 125-bed, behavioral health facility in Texas. Cadence sourced the loan through a local Texas bank With deep market knowledge and shared understanding of the continuum of care and the importance of this specialty product type. Cadence worked on behalf of a Texas-based sponsor and an institutional capital partner.

Michael Bennett
Managing principal
312.882.2200
mbennett@cadencerec.com

John Heitmann
Vice President
847.323.0312
jheitmann@cadencerec.com

Mike Janus
SVP
708.310.5691
mjanus@cadencerec.com

www.cadencerec.com

 

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