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MedCapital Group Provides $8,625,000 in Non-Recourse Financing for a Behavioral Health Center


Dallas, Texas - September 26, 2007 - MedCapital Group announces $8,625,000 in non-recourse financing for the acquisition and renovation of a 117,000 square foot three story behavioral health center in El Paso, Texas. The borrower is an established behavioral healthcare provider based in New York City with facilities located throughout the United States.

The non-recourse financing solution includes interest only for twenty-four months converting to a five year term fixed rate with a twenty-five year amortization period.

"Our extensive experience in financing single tenant special use facilities proved essential in meeting our clients tight deadline." stated Todd Tidmore, Managing Director of MedCapital Group. "We utilized our network of capital market resources and understanding of healthcare real estate to identify lenders to meet our clients aggressive objectives."

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.