Chicago, February 17, 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on an $18.2 million term loan to Caddis to acquire a medical office building located in Ft Wayne, IN. The building totals 58.8K SF and is currently 100% occupied and features a strong anchor tenant, Lutheran Health Network, an affiliate of Community Health Systems.
About Caddis
Caddis® is a physician-founded, national real estate firm focused exclusively on healthcare real estate. Caddis offers a full range of real estate investment services including acquisition, development and property management. The firm is comprised of a talented team of healthcare real estate professionals across a wide variety of disciplines. Caddis has developed or acquired nearly 5 million square feet of medical assets valued in excess of $1 billion and is consistently recognized as a top healthcare developer by Modern Healthcare. Caddis has offices in in Dallas, Atlanta, Phoenix, Houston and Washington, DC. For more information about Caddis, please visit www.caddis.com.
About BMO Harris Bank Commercial Real Estate
Real estate firms like yours need a banking partner with extensive products and services, a strong capital base, and the ability to fund their needs through economic cycles. BMO’s dedicated team of real estate experts is your trusted adviser, helping developers, REITs, private equity funds and institutionally sponsored firms achieve their goals. To learn more about how BMO can help, visit bmoharris.com/realestate.
Banking products and services are provided by BMO Harris Bank and are subject to bank and credit approval. BMO Harris Bank® is a trade name used by BMO Harris Bank N.A. Member FDIC
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