SAN ANTONIO , TX -Mohr Health LLC has obtained a $10.9 million loan from Siemens Financial Services Inc. for a 40-bed rehabilitation hospital here. The Dallas-based company will develop and own the $14.5-million facility, Warm Springs Rehabilitation Hospital of Westover Hills, while Post Acute Medical LLC will operate it.

The seven-year loan from Siemens includes financing for the land acquisition, construction of the 50,000-square-foot facility and permanent mortgage, according to Wynn Searle, principal and partner with Mohr Health. Formerly known as CCD Healthcare, Mohr Health develops and acquires healthcare real estate.

Searle tells GlobeSt.com that Mohr Health has been working with Post Acute Medical to assist in the operator’s expansion in San Antonio . “We did a market analysis of the metro area, and we determined Westover Hills would be the right spot for a new rehab hospital,” he explains. “We sourced the land, and with Post Acute Medical’s approval, we bought the land.”