NorthShore University HealthSystem and Edward-Elmhurst Health Merge to Create Illinois’ Third-Largest Health Systems
“the merger will create a network of more than 300 clinics and other sites of care throughout the suburbs and parts of Chicago, uniting 25,000 employees and producing the second-largest physician network in Illinois, officials said. Combined, the new system will be home to more than 6,000 doctors.”
Don’t Leave $2M on the Table: EIDL Application Window Closing Soon
The past decade has seen a trend emerge within healthcare to operate more as retail unit. The COVID-19 pandemic has fast-tracked this effort.
The Ever-Evolving Consumerism Within Healthcare
The past decade has seen a trend emerge within healthcare to operate more as retail unit. The COVID-19 pandemic has fast-tracked this effort.
Economists Suggest CRE Investments During Inflation
Companies and individuals are concerned with how long this inflationary period will last and what can be done to combat a loss in cash flow. Investing in commercial real estte may just be the answer, suggests economists.
Good News in CRE: November
November 8, 2021 marked the end of a 20 month international travel ban. What’s next? Conventions, increased occupancy in downtown hotels, a surge for Chicago restaurants and shops, and more.
3 Reasons to Use a Commercial Real Estate Broker for Lease Renewals
Here are three reasons to hit the pause button and reach out to a commercial real estate broker before renewing your lease.
Suburban Growth in the Covid-Era
The Chicago suburbs experienced an influx in real estate activity due to the Covid pandemic. While companies transitioned employees to virtual, city dwellers decided it was time for more space and sought homes throughout the greater suburban market.
Good News in CRE: October
Our firm continues to see an increase in medical real estate activity, especially as hospital organizations trend toward a hub and spoke model.
Medical Real Estate Prioritizes Hub and Spoke Strategy
Over the past three decades, the Chicago suburbs have seen a trend emerging in the medical real estate industry; the push towards a “hub and spoke” model. In this concept, hospitals are the central hub, and outpatient and surgery centers, as well as preventative care offices, are the spokes to the system
Good News in CRE: September
•This month the SBA opened the application portal for an increase in the COVID EIDL. Previously capped at $500,000, now businesses can apply for up to $2M in funding. The loans have a 30 year amortization with a 24 month deferment option and can be used to pay, or even prepay, commercial debt.