HUD to Insure Hospital Construction Loan

WILLAMETTE, Ore. — The U.S. Department of Housing and Urban Development has made it possible for work to begin on a hospital project in Stayton, Ore., by insuring a $21.7 million mortgage loan for construction, according to reports.

Officials with Santiam Memorial Hospital had been waiting for construction to start on a new four-story patient tower that will replace an aging tower built in 1953,  but could not do so without the final bit of financing in place. The commitment to insure the mortgage was made by HUD, the agency said in a written statement.

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Construction Underway On Binghamton University’s Center Of Excellence Facility

Binghamton University, State University of New York, launched construction of its New York State Center of Excellence in Small Scale Systems Integration and Packaging (S3IP) building in a ceremony attended by elected officials, local leaders and University representatives. The facility will connect with the Biotechnology and the Engineering and Science buildings, which are both part of the …

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Business news in brief

Albert Einstein Healthcare Network said Wednesday that it plans to close its emergency department on the campus of Germantown Community Health Services and consolidate emergency services at Albert Einstein Medical Center a mile away.

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Business news in brief

Albert Einstein Healthcare Network said Wednesday that it plans to close its emergency department on the campus of Germantown Community Health Services and consolidate emergency services at Albert Einstein Medical Center a mile away.

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