CIRRUS GROUP SECURES $16.78 MILLION FOR REHAB CENTER PROJECT

DALLAS — Dallas-based The Cirrus Group has secured $16.78 million in construction financing for Reliant Rehabilitation Hospital, a planned 65,000-square-foot medical facility that will be located at the intersection of North Central Expressway and Northaven Road in Dallas. The rehab center will include 40 beds devoted to inpatient rehabilitation and 20 beds devoted to skilled nursing. The facility will be operated by Reliant Healthcare. The project architect is Perkins + Will and the general contractor is Hill & Wilkinson. Construction is expected to take 11 months once groundbreaking occurs. Chris Godfrey of The Cirrus Group originated the financing on behalf of an affiliate of The Cirrus Group. The lender was the Dallas office of Colonial Bank. Terms of the financing were not disclosed.