Portfolio

Princeton Orthopaedic Associates

Project Details


Financing Type:
Refinance
Amount:
$21,900,000
State:
New Jersey
The doctors faced a looming loan maturity and asked CMAC to quickly refinance to improve rates and remove the personal guarantees. Just three months later, after a speedy CMAC RFP process, the improved loans were closed. The CEO commented: “A very professional effort. I thought the coordination between all the parties was outstanding right down to the very last minute. I think you undersell the value of the service your group provides to both the borrower and the bank."

"Thank you so much for your knowledge, support and professionalism. You guys are the best. This was my 5th major real estate refinancing in the past 33 years. At the closing, I felt very prepared. There were no unanswered questions and no open items to address post-closing. The entire closing took 90 minutes. Thank you again for being there for me and helping me get my points across in a professional manner to the bank. I am looking forward to a great relationship with the bank and his team. Thank you for getting it started in a positive manner."
Bill Hyncik, CEO

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