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MedCapital Group Provides $3.9 Million in Permanent Financing for Dallas ASC

11/17/2005

DALLAS -- MedCapital Group announces permanent financing in the amount of $3.9 million for a multi-specialty ambulatory surgery center in Houston, Texas. The loan structure includes a very competitive fixed rate with a 10-year term and 20-year amortization.

As part of providing a comprehensive financing solution MedCapital Group advised the client regarding ownership structure and other aspects of the project. These changes enabled the borrower to obtain the optimal rate and terms from the market.

"We always enjoy earning repeat business from our clients." stated Todd Tidmore, managing director of MedCapital Group. "It is particularly satisfying when professional healthcare real estate developers recognize the value of our expertise and the lending resources we bring to the table."

MedCapital Group specializes in providing financing for medical equipment and 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.

Source: MedCapital Group

 


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