Search
 

Community Health Center Deal in Camden

CAMDEN, NJ-The New York-based firm Health Care Real Estate Advisors has orchestrated a deal for Project H.O.P.E. here that will provide it with a new facility triple the size of the facility it now leases from the city.

By Antoinette Martin | Updated on August 09, 2013

CAMDEN, NJ-In a complicated and creative public/private deal, a new community health center serving inner-city residents and homeless people is to rise here on the site of a much smaller leased facility –while keeping the existing facility open.

The new Project H.O.P.E. health center will replace a 3,000-square-foot older building the city of Camden currently leases to the nonprofit healthcare agency. The new 11,000-square-foot building will be city-owned, and is being constructed as a “renovation” under terms of the existing five-year lease.  Construction is to be funded by a $4.4 million federal grant.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.