Situated in a highly distressed census tract in Phoenix, Arizona, Oasis is a 94,000 square foot hospital facility for orthopedic and spine procedures. It is being developed by a unique partnership of 42 orthopedic and spine surgeons in the Phoenix area, Catholic Healthcare West and United Surgical Partners International. An estimated 144 full-time permanent jobs and 20 part-time jobs will be created. Health benefits and a retirement plan will be offered to employees. The $32.5 million OASIS project was funded through a combination of New Market Tax Credits and debt financing. Dudley Ventures Advisory Services funded the NMTC equity through one of its captive investment funds and provided advisory services to OASIS in structuring the transaction. The New Markets Tax Credits were provided by Community Development Entities sponsored by Enterprise Bank and Trust and Chicanos Por La Causa.
Dudley Ventures is an investment and advisory services firm specializing in congressionally sanctioned tax credits and other tax advantaged transactions. Dudley Ventures and its affiliates have invested in and manage $1 billion in tax credit investments and its investor base includes national, regional and local financial institutions and a broad range of corporate America.
Through its development arm, Dudley Ventures directly invests in real estate and alternative energy projects utilizing various tax credit programs and other direct and indirect subsidiaries.
Dudley Ventures was established over 13 years ago. Dudley Ventures is headquartered in the warehouse district located in downtown Phoenix, Arizona.