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
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