Morgan Dermatology is expanding, thanks to a $1.38 million term loan and $5.26 million Commercial Real Estate Mortgage from TD Bank and its Healthcare Practice Solutions Group, reports Practical Dermatology. The financing will enable Morgan Dermatology to relocate from its current 5,000-square-foot facility to a more than 24,000-square-foot space in Ocean, N.J.
The new location will allow the practice to expand from 13 to 37 treatment rooms, significantly increasing Morgan Dermatology’s ability to serve the marketplace and patient demand for dermatology services. Read more.
