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Essex Funds $7.5 Million Medical Clinic Development


Tampa, Florida – WEBWIRE

Essex Capital Group, Inc. (“Essex”), announced today that the firm recently arranged the initial capitalization for a new $7,500,000 medical office development located in Denville, NJ.
 
As a part of the transaction, Essex was successful in arranging both the debt and equity to fund the acquisition of the existing property and finance the buildout of a new, state-of-the-art medical clinic that will be leased on a long term basis by CAN Community Health, Inc (“CAN”).
 
CAN is a private, not-for-profit organization dedicated to the treatment, care and continual wellness of people living with HIV and other infectious diseases. This new project will allow CAN to expand its service offering for patients in the northern New Jersey area.
 
Essex Capital acted as the exclusive financial advisor for the investor group in this transaction.
 
About Essex Capital Group
 
Essex Capital Group, Inc. is a Tampa, Florida-based corporate finance firm serving small and middle market privately-held companies located throughout the United States. With extensive capital markets experience, Essex provides creative solutions to businesses in need of financial restructuring. Typical advisory services include balance sheet recapitalizations with senior and subordinated debt. Since inception in 2003, Essex has successfully raised in excess of $1.0 Billion for 130+ corporate finance clients. 


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 Commercial Real Estate
 Medical Office
 Development
 Financing
 Real Estate Debt


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