News Release: Just Closed – Refinance – Rehab Hospital (Mishawaka, Ind.)

CLOSED

Cadence Capital Partners Secures $21,000,000 Refinancing

Cadence Capital Partners is pleased to announce the closing of a $21,000,000 cash-out refinancing for the Rehabilitation Hospital of Northern Indiana, a recently delivered, 50,000 SF, 3-story, 40
bed rehab facility located in Mishawaka, IN. Cadence led financing efforts on behalf of the borrower, a South Bend-based real estate private equity firm, Great Lakes Capital, to secure the permanent credit facility through a regional bank’s healthcare lending group.

John Heitmann
Vice President
jheitmann@cadencerec.com

Cadence
CAPITAL PARTNERS
cadencerec.com

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