Fort Worth Heart/Fort Worth Brain & Spine

Project Details

Financing Type:
A leading Texas cardiology practice, having the not-so-unusual situation of multiple office buildings owned by different sets of doctors, recently accomplished something VERY unusual that ended with a positive outcome. Under a plan structured and coordinated by CMAC Partners, the groups received a combined total of $14,000,000 under a single underwriting with collective loan terms that provided cash out, lower interest, and enhanced cash flows. The well-known medical real estate strategists of CMAC Partners were able to bring the objectives of the diverse groups together and, under a single banner, negotiate financing that had been unobtainable by these groups independently. The loans closed with both fixed and swapped interest rates at extremely low levels and 25-year amortizations to produce optimal returns.