Albany, N.Y.-based providers OrthoNY, Albany ENT, and St. Peter’s Hospital secured an $8.2 million construction loan to pay for their surgery center in Colonie, N.Y., the New York Real Estate Journal reports.
What you should know:
1. The groups earned state approval for the center in February. https://www.beckersasc.com/new-asc-development/8-4m-joint-venture-asc-gets-new-york-state-approval-4-insights.html
2. The two-story building will total 53,897 feet. The second floor will be dedicated to a 22,000-square-foot surgery center.
3. The center will provide orthopedic and ENT services. It will also serve as Albany ENT's main office.