MedCapital Group Provides $4,750,000 Permanent Financing for Medical Office Building
Dallas, Texas - November 1, 2007 - MedCapital Group announces permanent financing in the amount of $4,750,000 for a 27,000 square foot two-story medical office building in Las Vegas, Nevada. The term of the loan is 10 years with a 30 year amortization at 145 basis points over the 10-year treasury.
"This is the twelfth healthcare related project we have financed in the Las Vegas area over the last several months," stated Todd Tidmore, Managing Director of MedCapital Group. "Our extensive network of lending resources with a healthcare focus has allowed us to deliver the best available financing terms for our clients in each case."
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.