Portfolio

Carolinas Center for Surgery

Project Details


Project Type:
Refinance and Cash Out
Amount:
$11,605,000
State:
North Carolina
The physicians of this group have twice retained CMAC to refinance its debt and improve the terms. Most recently, the 100% LTV refinance generated over $4 MM in cash to distribute to the nine partners, while reducing the interest rate by over 1%. As an added bonus, three new physicians were able to buy in affordably.