Portfolio

Texas Orthopedics Sports & Rehabilitation Associates

Project Details


Financing Type:
Refinance
Amount:
$11,275,000
State:
Texas
Imagine being stuck in a loan where debt exceeds appraised value by several million dollars, and feeling like you had no options.  In the case of the Texas Orthopedics real estate LLC, however, we were able to help them refinance their debt with significantly improved rates and terms.  The monthly debt service and interest expense were lowered dramatically, improving the partners' returns on investment. A Division of Ortho Lone Star

The fact that you were able to bring us three very favorable proposals when our appraisals came in substantially under the debt was nothing less than remarkable. With the improved financing, we have reduced our interest expense and greatly improved cash flow. An impressive outcome.
Yvonne Powers, former CFO