MedCapital Group Provides $4,000,000 in Permanent Financing for Medical Office Building

Dallas, Texas - October 5, 2006 - MedCapital Group announces permanent financing in the amount of $4,000,000 for a 34,800 square foot medical office building in North Texas. The building includes physician practices, lab, and a 4,000 square foot diagnostic imaging center.

MedCapital Group has been a key development partner in this project from the beginning, having previously provided over $3,000,000 dollars in construction financing for the medical office building. Upon completion and stabilization of the building, MedCapital Group advised the client to refinance in the permanent market and take advantage of low long term fixed rate financing. In addition to paying off the construction loan, MedCapital Group provided a solution that included cash-out to the physician partners to fund other initiatives within their growing practices.

"We enjoy becoming involved in projects at the beginning, learning the details of our client's project, and advising them on the optimal financing structure to meet or exceed their goals," stated Todd Tidmore, Managing Director of MedCapital Group. "and we are particularly pleased we had the opportunity to assist our clients in creating a great healthcare resource for their community."

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.