Tri-City Healthcare District Transfer Agreement 2026
HUD insured loan with Lument to be assumed
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Description
Tri-City Medical Center Corporation will assume the Tri-City Healthcare District’s HUD insured loan with Lument as part of the transfer of assets and liabilities. The assumption aligns hospital financing obligations with the new Sharp-affiliated operator.
Contract Details
Contract Amount
Then outstanding balance of the HUD insured loan
Vendor
LUMENT
Agency
Tri-City Medical Center, CA
Contract Type
FINANCIAL_SERVICES
Document Date
January 1, 2026
Renewal Info
Loan remains in effect under its existing terms; assumption by STCMC does not by itself modify maturity or renewal provisions, which are governed by the underlying HUD loan documents.
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