NEON Health Clinics Face Foreclosure Amid $11 Million Debt Crisis, Lawsuits Say

NEON health clinics face foreclosure amid $11 million debt crisis, lawsuits say

CLEVELAND, Ohio — Northeast Ohio Neighborhood Health Services owes $11 million to several businesses, including one that seeks to foreclose on the nonprofit’s headquarters and eight health clinics.

Cleveland healthcare center sued for defaulting on $11 million loan

A community healthcare center that has served residents on Cleveland’s East Side for nearly 60 years is at risk of losing its properties after defaulting on an $11 million loan from a New Jersey-based private equity real estate company, according to a lawsuit the company filed last month.  All Pro Capital Funding asked a judge to appoint a receiver over Northeast Ohio Neighborhood Health Services and its properties, including most of its health …