Portfolio

Kansas City Bone & Joint Clinic

Project Details


Amount:
3,500,000
State:
Kansas
This midwestern orthopedic practice sought to purchase and renovate a building for a new MOB. As division of a previous client, the group turned to CMAC to help evaluate the opportunity and compare alternative offers they had received. CMAC performed a comprehensive analysis to help the doctors make an informed decision for their practice. Due to its affiliation with the parent practice, the group initially experienced challenges guaranteeing the debt. With CMAC’s guidance, it successfully navigated a last-minute adjustment to the loan structure and was able to move forward. The group received an excellent appraisal, resulting in a high LTV (loan-to-value) of 85% and closed swiftly with a competitive interest rate.