Portfolio

Pacific Cataract and Laser Institute

Project Details


Financing Type:
Refinance
Amount:
$ 30,000,000
State:
Washington
This Pacific Coast ophthalmology group aimed to refinance eight properties in order to improve loan terms and buy and renovate a ninth property. Securing flexible financing would allow the group to continue buying, selling, and renovating locations without having to negotiate financing and close each time. CMAC was able to negotiate a revolving facility with a bank, which is a fairly rare situation, to facilitate their future real estate objectives. This financing was secured by an ever-changing pool of real estate.

Projects


The Latest

The Latest from CMAC


New Loan Terms in a Post-COVID World

Like Buying Flood Insurance in the Sahara Desert The economic whirlwind that ensued from COVID-19 has left...

Like Buying Flood Insurance in the Sahara Desert The economic whirlwind that ensued from COVID-19 has left banks figuring out how to make profitable loans. Borrowers need to understand how...


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A Developer as a JV Partner – The Considerations

The secret that was never much of a secret is out... physician-occupied property is a real estate investment...

The secret that was never much of a secret is out... physician-occupied property is a real estate investment that is constantly near the top of the pyramid when considering returns on risk....


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PVI Program: 3 Proven Steps to Improve Appraised Values

Before we list the how-tos of increasing appraised value, let’s make one thing very clear – an appraised value...

Before we list the how-tos of increasing appraised value, let’s make one thing very clear – an appraised value is not something that is black and white. In fact, if any color at all can be...


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