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St. Mark’s Takes Out Loan Using Land as Collateral

St. Mark’s Medical Center (SMMC) took out a $350,000 loan last month and put up 38 acres of land it owns as collateral. The property is located south of the hospital along US 77. There are no buildings on the property. The move caught the attention of lots of folks after property records appeared to show that the land had changed ownership from St. Mark’s to CR 230 LLC, a limited liability…

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