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MedCapital Group Provides $3,500,000 in Non-Recourse Financing for Single Tenant Medical Office Buildings


Dallas, Texas - September 19, 2007 - MedCapital Group announces $3,500,000 in non-recourse permanent financing for two single tenant medical office buildings. Both buildings are single tenant, 7,000 square feet, and are located in a rapidly developing area in southwest Las Vegas, Nevada. MedCapital structured a non-recourse financing solution at 165 basis points over the ten year US Treasury fixed interest rate with a ten year term and a twenty-five year amortization period.

Our developer client once again called upon us to provide a non-recourse financing solution for two medical office buildings in one of their large multi-phase development projects. stated Todd Tidmore, Managing Director of MedCapital Group. Given the significant challenge of providing non-recourse financing for single tenant buildings, we are particularly pleased we were able to fulfill our clients goals.

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