Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Best of the Best
  • Hall of Fame
  • Media & Marketing

SomerCor 504 provides financing for surgical center in Chicago suburb

Staff Writer April 5, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

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.”

Tags
SomerCor 504
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MidwestMinnesotaCRE

Kraus-Anderson wraps construction on $30.47 million civic campus for City of Chanhassen

October 8, 2026
TexasOffice

Partners Real Estate closes 157,390-square-foot lease renewal in Houston

October 8, 2026
MidwestMissouriFinance

Kansas City’s Gantry names loan production director

October 8, 2026
MidwestOhioHealthcare

Berkadia negotiates sale of 155,000-square-foot hospital in Cincinnati market

October 8, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com