VC Firm Pursues Massive $250M Hospital Project In Texas

Law360, New York (October 20, 2011, 7:27 PM EDT) -- Venture capital firm LIG Assets Inc. has taken the first steps toward developing a $250 million medical campus near Dallas that is expected to transform the region, it revealed Thursday.

LIG formed MedicalCampusGroup Inc. alongside HQZ Partners, a single purpose entity that owns the property, and is now embarking on a fundraising campaign aimed at raising hundreds of millions of dollars from investors and lenders to construct the Peachtree Towne Center Project, a 60-acre mixed-use medical campus in Mesquite, Texas.

“We are pleased to be partnering...
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