Portfolio

Spectrum Healthcare Partners

Project Details


Financing Type:
Refinance
Amount:
$13,800,000
State:
Maine
The Orthopedics Division

After the physicians merged their orthopedic practice into Maine's largest multispecialty, physician-owned healthcare organization, the question then arose of what to do with the physician-owned real estate. After examining sale-leaseback offers, the doctors elected to refinance the debt at improved terms, arranged by CMAC.