Portfolio

Orthopaedic Associates of Michigan

Project Details


Financing Type:
Refinance and Cash Out
Amount:
$7,500,000
State:
Michigan
With a looming loan maturity, and two new proposals in hand, the physicians turned to CMAC to fully explore all options. After just three months, we closed on a loan with a new bank showing savings of nearly $600,000 on just the main real estate loan. The physicians were able to pull out cash to make future buy-ins more affordable for young partners.