Portfolio

Eye Institute of Pinellas

Project Details


Financing Type:
Refinance
Amount:
$9,300,000
State:
Florida
Banks often balk at high loan amounts compared to the value of the real estate. Twice, however, CMAC successfully arranged high LTV financing for this client, using creative structuring and fighting for higher appraised values. This well-respected ophthalmology group also retained our services to advise on interest rate swaps and make sure the bank executed and terminated the swap contracts fairly.