This southern orthopedic group wished to finance a new owner-occupied MOB to facilitate strong practice growth. From the time CMAC received bank proposals to the time of closing, rates increased by 0.85%. By maintaining competitive pressure, CMAC was able to work with the bank on behalf of the client to ensure the offered interest rate was held for over a 4.5-month period. In the end, the financing closed at a rate below 3.00% for a period of 7 years following construction and at 100% loan-to-cost. The group expects to open the new location in the summer of 2023.