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MedCapital Group Provides $2,700,000 in Renovation & Permanent Financing for Medical Office Building


Dallas, Texas – August 05, 2005 - MedCapital Group announces $500,000 in financing for renovations and $2,200,000 in permanent financing for a 9,500 square foot medical office building in Southern California.

MedCapital was called upon to structure a financing solution to address the immediate needs for renovation of the newly acquired building and to subsequently provide permanent financing. The permanent financing was structured to maximize cash out, secure long term fixed rate financing in a rising interest rate environment, and maintain prepayment flexibility to capitalize on future opportunities.

"Our client's ambitious goals presented a welcomed challenge and called for a customized solution." stated Todd Tidmore, Managing Director of MedCapital Group. "We were able to fulfill all of their goals by utilizing more than one of the multiple lending resources at our disposal."