Houlihan Capital Secures Equity Partner for Beal Companies, The Massachusetts Eye and Ear Infirmary (MEEI)
Chicago, IL—September, 2012–Chicago-based Houlihan Capital (“Houlihan”) has secured an equity partner for Boston-based Beal Companies for a new project in Boston. The property is an approximately 80,000 square foot medical office/outpatient surgical center for use by The Massachusetts Eye and Ear Infirmary (MEEI), one of the premier specialty hospitals in Boston. MEEI entered into a 20-year, NNN lease for 100% of the Project. Through its Houlihan engagement, Beal was able to secure an approximate $20 million equity partner for the project.
The well-located in-fill facility provides an attractive medical office investment. Beal is currently constructing the 79,847 square foot Medical Office Building with a 135-car garage on the site of the former 40,000 square foot Center for Blood Research at 800 Huntington Avenue. The property is located in Boston’s renowned Longwood Medical Area.
According to Bruce Lohman, Senior Managing Director at Houlihan Capital, “We were delighted to work with Beal on this deal and successfully secure an equity partner for the project. The new facility is a solid venture for investors and will be a tremendous asset to the local community”.
Please contact Bruce Lohman at blohman@houlihan.com or (312) 450-8695 for additional information. Visit https://www.houlihancapital.com to learn more about the full range of services we offer.
About Beal Companies:
The Beal Companies is a closely held firm actively pursuing investment opportunities in all segments of the real estate industry. Since 1888 the Beal family has built a full service Real Estate firm with an enviable reputation. The Beal Companies’ projects and advisory services have been focused not only in the greater Boston area but also throughout the United States.
About Houlihan Capital:
Houlihan Capital is a leading boutique professional financial services firm. Its Valuation and Financial Advisory Group offers portfolio valuation, transaction opinions and a variety of consulting services. The firm’s Investment Banking Group offers sell/buy side advisory, private placement, capital raises and secondary market advisory services. Houlihan Capital has offices in Chicago, New York and Los Angeles, and serves a myriad of clients in a wide array of industries, through an integrated advisory approach that draws upon strategic and technical expertise, industry knowledge, transactional and financing experience, and an expansive network of institutional and private investors to guide management teams and investors. Visit https://www.houlihancapital.com to learn more.
