Healthcare N Illinois

SomerCor 504 provides financing for surgical center in Chicago suburb

Magna Health Systems has secured permanent financing for its newly developed surgical center at 7456 S. State Road in Bedford Park, Ill.

Magna Health Systems has secured permanent financing for its newly developed surgical center at 7456 S. State Road in Bedford Park, Ill.

Gabe Beukinga, senior vice president of SomerCor 504 worked with Magna Health Systems to secure a significant portion of the loan through the SBA 504 loan program.

The new building developed by Magna Health Systems is an about $20 million, three-story, 58,000-square-foot building. Following the build out of tenant spaces, the building was completed in early spring. Magna Medical, which owns and operates three surgical centers in the Chicago metropolitan area, is the primary tenant of the building, occupying two floors.

The remainder of the space in the building is leased by local healthcare providers including SKAN Radiology, Workcare Center and CPC Pathology.

“We couldn’t be happier with the final results of this state-of-the-art new facility,” said Guita Griffiths, president of Magna Health System, in a written statement. “With this building serving as a platform, we have been able to bring a comprehensive healthcare solution to Bedford Park and the surrounding communities.”