Alaska - Orthopedic Group

  • : New Construction
  • : $42,000,000
  • This orthopedic physicians group collaborated with a development group to construct a new, 60,000 sq ft Medical Office Building. They also refinanced an existing facility and purchased an ASC along with the necessary medical equipment for the new facility. The structure was highly complex with multiple moving parts and several ownership entities. CMAC secured the needed financing at below-market pricing, and due to the conservative nature of the group, was able to provide a long-term fixed option without utilizing an interest rate swap.