Portfolio

The Orthopedic Clinic of Daytona Beach

Project Details


Project Type:
New Construction Financing
Amount:
$16,000,000
State:
Florida
This leading Florida orthopedic group closed on $16MM of financing at a competitive rate for the construction of a new MOB. The new location will be adjacent to its existing ASC property in order to facilitate practice growth. This competitive fixed interest rate was secured by CMAC Partners in the face of continued fed hikes and bank tightening, demonstrating that a combination of CMAC’s leverage and strong medical practices continue to produce exceptional outcomes. The group broke ground in January 2023.