Portfolio

Durant Medical Center

Project Details


Financing Type:
New Construction
Amount:
$11,390,000
State:
North Carolina
Six independent medical practices of different specialties came together to construct this 60,000 sf MOB so they could have satellite locations in this attractive market. The CEO of one practice said: "I can spend the same dollars that I am spending on leasing and actually own a building, and build equity for the physicians." CMAC was honored to arrange the financing for this project.