Portfolio

Orthopaedic Associates of Central Maryland

Project Details


Financing Type:
New Construction
Amount:
$13,000,000
State:
Maryland
A Division of The Centers for Advanced Orthopaedics

Arranging new financing for an ongoing construction project mid-term can be a challenge. CMAC stepped in to help the physicians improve the terms on the construction debt, with new funds to cover cost overruns. We closed seven loans to finance the medical office building, extra land for parking, tenant improvement, equipment, and startup costs.