One of the largest teams of kidney specialists in the U.S., this 50-year-old practice wanted to form a new real estate entity to purchase its practice locations that were owned by subsets of doctors and retired doctors. It also wanted to create a structure that would allow new doctors to buy-in. The group had already arranged favorable financing but allowed CMAC to work on a contingency basis to see if our team could deliver better results. Dallas Nephrology Associates ended up selecting the superior financing option that CMAC secured on its behalf and accomplished its objectives of receiving ten-year fixed-rate financing for 85% of the purchase with no personal guarantees.