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MedCapital Group Provides $4 Million in Financing for Oncology Center

06/23/2008

Dallas – MedCapital Group announces $4 million in non-recourse permanent financing at 6.25 percent fixed, for a 10-year-term with a 25-year amortization schedule. The facility, a 16,600-square-foot, one-story oncology center, is a new location for a large national oncology services company expanding its service area in Las Vegas.

"Special purpose single tenant deals can pose financing challenges." stated Todd Tidmore, managing director of MedCapital Group. "Our experience and knowledge in healthcare real estate is often important in successfully financing these projects."

"Assisting our clients in structuring deals so they are well received by capital markets, as well as keeping our fingers on the pulse of the ever changing lending landscape, are essential roles we play in every deal," continued Tidmore.

Source: MedCapital Group

 


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