Metrolina Nephrology Associates

Project Details

Financing Type:
New Construction
North Carolina
This independent nephrology group was planning a new majority owner-occupied MOB and ASC construction project and engaged CMAC to fully vet the market and find the best deal. The group members also wanted a team of experts to guide and educate them through an unfamiliar process, explaining concepts such as Libor floors and the optimal swap strategy. Through CMAC’s RFP process, the group ultimately ended up with eight excellent bank proposals. The practice leadership and physicians were very pleased that CMAC’s involvement moved the process along quickly and closed the loan with no personal guarantees and savings of $1.6MM.