Developments > RTG Medical Headquarters
A qualified equity investment (QEI) of $7,784,500 in MHIC NE CDE II Subsidiary 59 LLC to finance the ground up development of a 54,000 sf Class A office building in Fremont, NE that will serve as the new headquarters for RTG Medical (the Project). The QALICB will own the real estate, which it will master lease to the Sponsor (WLG Fremont, LLC), who will then sub-lease it to RTG Medical (Tenant) under a long-term lease. This will be a four CDE transaction. The project will retain 52 FTE permanent jobs and create 93 FTE permanent jobs. In addition, it will create 1,424 new temporary jobs (traveling medical FTEs) and 80 FTE construction jobs.
RTG Medical Headquarters
Project at a Glance:
Location:
Fremont
Development Type:
Commercial
MHIC Financing:
$7,550,965 in NMTC financing
Sponsor:
WLG Fremont, LLC
A qualified equity investment (QEI) of $7,784,500 in MHIC NE CDE II Subsidiary 59 LLC to finance the ground up development of a 54,000 sf Class A office building in Fremont, NE that will serve as the new headquarters for RTG Medical (the Project). The QALICB will own the real estate, which it will master lease to the Sponsor (WLG Fremont, LLC), who will then sub-lease it to RTG Medical (Tenant) under a long-term lease. This will be a four CDE transaction. The project will retain 52 FTE permanent jobs and create 93 FTE permanent jobs. In addition, it will create 1,424 new temporary jobs (traveling medical FTEs) and 80 FTE construction jobs.