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Chicago & Midwest  + Greater Chicagoland  + Healthcare  |  December 4, 2018
Paul Bubny
By: Paul Bubny

Outpatient Facility Breaks Ground in Killdeer

Representatives from real estate investor Medicus Capital, development firm Ankura Healthcare Real Estate, builder Leopardo Companies and lender Wintrust Financial attended a groundbreaking ceremony recently to mark the start of construction on a 50,000-square-foot, two-story outpatient care center in Killdeer, IL.

The project is owned by a joint venture formed by Medicus Capital, a Chicago-based private equity firm focused on investing in healthcare real estate developments across the U.S., and Northwest Community Healthcare, an independent healthcare system that has served Chicago’s northwest suburbs since 1959.

Ankura, an affiliate of Medicus Capital, is providing an integrated suite of strategic facility planning, real estate development and program management services on behalf of the joint venture.

Leopardo is delivering the project under a design-build approach with architecture firm Jensen & Halstead, and Wintrust Financial is providing construction financing. It’s slated for completion in late 2019.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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