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MinnesotaHealthcare

Dougherty Funding closes nearly $9 million loan for construction of Minnesota MOB

Staff Writer April 5, 2017
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Dougherty Funding LLC recently closed an $8.89 million loan for the new construction of Aurora Medical Office Building, a 30,000-square-foot medical center in Aurora, Minn., fully leased by Aurora Health Care for 15 years, with two five-year extensions.

The new construction financing was arranged for Elkhorn Medical Office Building, LLC by Dougherty’s Minneapolis office.

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