CHICAGO – April 5, 2016 – Associated Bank recently approved an acquisition and construction loan of $7,100,000 to Pahrump VA LLC, an affiliate of W.D. Schorsch, LLC of Lake Forest, Ill., for a new state-of-the-art Veterans Administration clinic at 220 South Lola Lane in Pahrump, Nev., approximately 100 miles west of Las Vegas. The 14,574 sf single-story build-to-suit veterans’ clinic, scheduled for completion this fall, will be located immediately north of Desert View Hospital in Pahrump.
Founded in 1983, W.D. Schorsch specializes in the development and management of build-to-suit projects for the United States General Services Administration (GSA) throughout the continental United States, with a focus in the Midwest. The company has a long and successful history of government build-to-suits with Associated Bank.
Headquartered in Chicago, Associated Bank’s Commercial Real Estate division is committed to providing commercial real estate developers/owners/operators with an array of financing solutions, in addition to products and services that meet their unique needs. Associated’s Commercial Real Estate division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio and Wisconsin.