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Texas  + Austin  + Healthcare  | 
kpc health temple

Marcus & Millichap Arranges Funding For New Healthcare Center in Temple

Marcus and Millichap (MMCC) arranged $18.4 million in acquisition and conversion financing for the project. MMCC was able to develop a partnership of different parties to raise the full amount.

The facility will be operated by KPC Health. It will include 10 ICU beds, 13 Rehab beds and 30 long-term care beds for a total of 53 beds.

KPC, the parent company of KPC Health, has over $10 billion in assets, including hospitals, clinics, schools and commercial real estate.

MMCC Director Kevan McCormack says the project was much needed, “The pandemic has taught us about the state of the healthcare industry and demand for increased bed counts.”


Inside The Story

Kevan McCormack

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
  • ◦Financing
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