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The Madison Group arranges a $1,650,000 loan to purchase a NNN medical office building in Texas.

Tags: Office financing, no prepayment penalty loans, nationwide financing, purchase medical office loan, commercial loans, commercial real estate mortgage, Texas commercial real estate loans, financing medical office building, loans for medical office
Tuesday, Feb 04, 2025
by Jared Shupe

The Madison Group (TMG), a premier national provider of financing for medical office buildings, arranged a $1,650,000 loan for the acquisition of a surgical center medical office building (MOB) in Texas.

Working closely with this repeat client, TMG explored various financing options for the triple-net property, which was located outside the client's primary investment market. While the borrower had received offers from his existing relationship lenders, he sought to ensure that the terms being presented were the most competitive in the current market. Through its market expertise, TMG identified a lender offering significantly more favorable rates, including a 30-year amortization schedule, which enhanced the borrower’s day-one investment return.

The lender agreed to lock the rate for 90 days, providing ample time for additional due diligence. Ultimately, the loan closed as initially proposed, on schedule, and with the original terms in place, highlighting the collaborative efforts between TMG, the borrower, and the lender to ensure a seamless transaction.

Property: Medical Office   

Location: Texas  

Loan Amount: $1,650,000

Interest Rate: 6.13%

Term: 5 years    

Amortization: 30 years                  

Prepayment:  None        

Guarantee: Recourse



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