Portfolio

Austin Diagnostic Clinic

Project Details


Project Type:
Refinance
Amount:
$13,000,000
State:
Texas
This well-regarded practice had been enjoying excellent interest rates on its two medical properties. In a rising rate environment, however, is important to slow debt repayment to get the full benefit of low rates as market rates increase. CMAC negotiated longer amortizations, dramatically improving cash flow and extending the term.