Mesirow acted as the exclusive underwriter of Health Services Facility Lease Revenue Bonds for The University of Illinois Hospital and Clinics in a Public-Private Partnership The Series 2020 Project consists of financing for the design and construction of a 200000 sf outpatient surgery and specialty clinic facility Delivery of the facilities by the private sector provides more immediate liquidity…, The UIC Surgery Center LLC, The University operates independent of the Hospital and therefore pledges a portion of its revenue for principal patient care services to secure the repayment of the Hospital’s debt Project delivery mechanism A pinnacle part of the unique “P3” structure is the mitigation of risk for taxpayers Through a delivery process like the one seen in Chart 1 the credit risk is essentially placed onto and…

Quarterly Highlights Share prices significantly underperformed the overall market Earnings declined double digits year over year and sequentialy primarily due to higher costs and lower volumes EBITDA margins remained relatively unchanged Valuations compressed further M&A activity declined significantly READ MORE

Paige Thrana is an Associate Consultant in Mesirow Fiduciary Solutions She provides extensive quantitative and qualitative investment research for the groups fiduciary partnership consulting institutional due diligence and other related engagements Paige joined Mesirow in 2022 Prior to joining Mesirow she worked as an intern with an investment advisory firm Paige earned a Bachelor of Business…

Pan Yuen is Senior Vice President of Finance in Mesirow Institutional Real Estate Direct She is responsible for portfolio analysis financial reporting and debt compliance Pan has more than 20 years of accounting and analytical experience specializing in commercial and residential real estate development and property management Prior to joining Institutional Real Estate Direct Investments in 2012…