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MedCapital Group Provides $8,582,000 in Non-Recourse Financing for a Behavioral Health Center


Dallas, Texas - September 9, 2008 - MedCapital Group announces $8,582,000 in non-recourse financing for the acquisition and renovation of a 75,000 square foot inpatient behavioral health center in North Texas.

The borrower, an established behavioral healthcare developer and management company, operates facilities throughout the United States and once again called upon MedCapital Group to assist it in accomplishing its facility and service expansion goals.

MedCapital Group provided extensive support throughout the transaction, from start to closing. The project included the acquisition of two existing adjacent structures from two separate sellers, which increased the complexity of closing. MedCapital Group coordinated all aspects of the transaction with numerous participants, providing for a smooth, efficient, and successful project closing.

“We take great pride in working closely with our clients and developing long-term relationships,” stated Todd Tidmore, Managing Director of MedCapital Group. “As was the case here, when our client views us as an integral extension of their own team, we know we have fulfilled our commitment to provide world class professional service.”

MedCapital Group specializes in providing financing for medical real estate including medical office buildings, specialty hospitals, ambulatory surgery centers, imaging centers, and other medical related real estate throughout the United States.