BMO’s Healthcare Real Estate Finance group announces that it has closed on a $21 million construction loan with Meridian for a medical outpatient building (the “MOB”). Meridian is fully renovating the vacant 94,569 square foot MOB, which is located in Tuscon, Arizona. Upon completion of the renovation, the MOB will be fully occupied by El Rio Health, a Federally Qualified Health Center (FQHC) that has provided comprehensive, accessible, and affordable healthcare to the Tucson community for 54 years.
Founded in 1999, Meridian is a full-service real estate developer and investor specializing in high-quality, brand-enhancing healthcare and life science developments. The firm owns and manages healthcare properties throughout the United States and continues to pursue acquisitions and developments. Meridian focuses on solving real estate challenges for healthcare providers and systems, including opportunistic repurposing, value-add, core-plus, and build-to-suit projects across the continuum of care. Additionally, Meridian offers development and construction management services for entities seeking to retain ownership from project inception. To learn more, visit mpcca.com.
BMO’s Healthcare Real Estate Finance group announces that it has closed on a $21 million construction loan with Meridian for a medical outpatient building (the “MOB”). Meridian is fully renovating the vacant 94,569 square foot MOB, which is located in Tuscon, Arizona. Upon completion of the renovation, the MOB will be fully occupied by El Rio Health, a Federally Qualified Health Center (FQHC) that has provided comprehensive, accessible, and affordable healthcare to the Tucson community for 54 years.
Founded in 1999, Meridian is a full-service real estate developer and investor specializing in high-quality, brand-enhancing healthcare and life science developments. The firm owns and manages healthcare properties throughout the United States and continues to pursue acquisitions and developments. Meridian focuses on solving real estate challenges for healthcare providers and systems, including opportunistic repurposing, value-add, core-plus, and build-to-suit projects across the continuum of care. Additionally, Meridian offers development and construction management services for entities seeking to retain ownership from project inception. To learn more, visit mpcca.com.
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