MedCapital Group Provides $6 Million in Financing for Medical Office Building

DALLAS -- MedCapital Group announces $6 million in permanent financing for a medical office building in Southern California. The 15,000-square-foot facility includes an ambulatory surgery center and MRI center.

MedCapital was called upon to structure a financing solution to maximize cash out, secure long-term fixed-rate financing in a rising interest rate environment, and maintain prepayment flexibility to capitalize on new opportunities. The solution provided includes a fixed rate with a 10-year term and 25-year amortization period, no pre-payment penalty, and $1,850,000 cash out to the borrower.

"We were pleased we could once again meet the aggressive goals set by our client." stated Todd Tidmore, managing director of MedCapital Group. "Fulfillment of all their goals was accomplished through our understanding of healthcare property valuations and effectively communicating the strengths of the project to the lender."

MedCapital Group specializes in providing financing for medical real estate and medical equipment projects including medical office buildings, ambulatory surgery centers, short-stay hospitals, imaging centers, and other medical related real estate throughout the United States.

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