This southern ophthalmology group needed to fund two upcoming physician buyouts while also preparing for a new project on the horizon. Owning their property debt-free, the doctors chose to leverage up and refinance, using the cash-out to fund the buyouts and support future buy-ins. CMAC’s market vetting brought in several competitive proposals, ultimately encouraging the group’s incumbent lender to improve its terms. The doctors were pleased to maintain their banking relationship and finalize a smooth closing while being well-positioned for future growth.