MedCapital Group Provides $2,512,500 Construction / Mini-Perm Financing for Medical Office Building & Endoscopy Center
Dallas, Texas - November 16, 2006 - MedCapital Group announces construction / mini-perm financing in the amount of $2,512,500 for a 6,250 square foot medical office building and endoscopy center in Southern California.
MedCapital Group was introduced to the client by an industry partner to effectively structure the project and access the most competitive financing. Due to the high per square foot cost of the project, proper valuation based on comparable healthcare properties was essential. MedCapital was able to use its extensive experience in financing healthcare real estate to assist in the process and facilitate an accurate valuation.
"Lenders are often presented with an incomplete package. There is a lack of information about the industry, business model, or cash flow analysis to make a favorable decision" says Todd Tidmore, Managing Director of MedCapital Group. "By gaining a thorough understanding of our clients operations and goals, we are able to effectively communicate to lenders the needs and values of special use facilities and secure financing for our clients."
MedCapital Group specializes in providing financing for medical real estate projects including medical office buildings, ambulatory surgery centers, short-stay hospitals, imaging centers, and other medical related real estate throughout the United States.