Portfolio

California Eye Institute

Project Details


Financing Type:
Refinance
Amount:
$11,670,000
State:
California
This large medical office building, owned by physicians of the tenant groups, was struggling with ownership changes. Buy-ins were too expensive for new physicians and retired partners wanted to be bought out in full. CMAC arranged financing to make the ownership changes work for all the owners, while reducing the interest rate by nearly 2%.

"I, for one, could never have gotten through this without each and every one of you. You are truly amazing people whom I do not only consider colleagues but new friends. For that I am forever grateful."
Kathi Maxwell, Administrator

Projects


The Latest

The Latest from CMAC


New Loan Terms in a Post-COVID World

Like Buying Flood Insurance in the Sahara Desert The economic whirlwind that ensued from COVID-19 has left...

Like Buying Flood Insurance in the Sahara Desert The economic whirlwind that ensued from COVID-19 has left banks figuring out how to make profitable loans. Borrowers need to understand how...


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A Developer as a JV Partner – The Considerations

The secret that was never much of a secret is out... physician-occupied property is a real estate investment...

The secret that was never much of a secret is out... physician-occupied property is a real estate investment that is constantly near the top of the pyramid when considering returns on risk....


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PVI Program: 3 Proven Steps to Improve Appraised Values

Before we list the how-tos of increasing appraised value, let’s make one thing very clear – an appraised value...

Before we list the how-tos of increasing appraised value, let’s make one thing very clear – an appraised value is not something that is black and white. In fact, if any color at all can be...


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