Las Cruces Hospital Construction Begins

COLORADO SPRINGS – March 2017 – ASI Capital, LLC, a private debt and equity firm based in Colorado Springs, CO, is pleased to announce the beginning of construction of a new acute care hospital sponsored by PartnersHealth of Colorado Springs, in Las Cruces, NM. ASI Capital has invested into this project to provide working capital and rent reserves for a build to suite lease with developer Johnson Commercial Real Estate Services based in Dallas, TX. The construction is expected to be complete by the end of 2018.

ASI Capital is a longtime supporter of the physician entrepreneur. Essential to this project is the alignment of independent physician practices which strive to provide five-star patient experiences and world class outcomes. This is why we have selected Galichia Hospital Group, an experienced hospital operator, as the manager of the future Hospital.

Las Cruces has been listed as one of the 30 fastest growing communities and has an aging baby boomer population that demands high quality healthcare services. Las Cruces and the surrounding area comprise an approximate population base of 300,000. Las Cruces is underserved by two hospitals, a 60-year old hospital ranked 2 out of 5 stars and a 10-year old hospital ranked 3 out of 5 stars by Hospital Consumer Assessment of Healthcare Providers and Systems. The Mesilla Valley Development Assoc. and the City of Las Cruces show that significant leakage of medical services is occurring to other communities and states.

ASI Capital recognizes the need in Las Cruces for high quality healthcare and surgical services, and is excited to be a part of a project that provides these essential services to the Las Cruces community.

ASI Capital, LLC

ASI Capital helps individual investors invest with confidence in the ‘real’ economy. We offer access to investments based on alternative strategies – investments that fall outside the ‘traditional’ stock and bond markets.