Portfolio

The Oregon Clinic – Gastroenterology South

Project Details


Financing Type:
New Construction and Refinance
Amount:
$ 14,000,000
State:
Oregon
The doctors of this division of The Oregon Clinic, which has over 250 providers and 30 specialties, wished to arrange permanent financing for two new clinic offices with endoscopy centers. The goal was to minimize the amount of cash equity the doctors were required to inject. CMAC successfully fought for higher appraisal values and arranged a debt stack which required less than $2,000 per doctor of cash equity in order to complete the two projects, totaling 30,000 square feet.

"At the start of this process, I had the mistaken impression that our main reason for engaging your services was to secure a more favorable interest rate. While the interest rate is important, I now understand and appreciate all of the additional value you and your team have provided. Thanks for your hard work and diligence. Yes we are excited to move on to the next phase and we are grateful for all of your help in getting us here. We really couldn’t have done it without you."
Dr. Brian Applebaum, Physician Owner and Managing Partner

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