DALLAS, TX– Mark One Capital, a subsidiary of Marcus & Millichap Capital Corporation (MMCC), has arranged a high-leverage acquisition loan for a 20,000-square foot medical office property occupied by a Baylor Surgery Center in the Dallas/Fort Worth Metroplex.
Farhan Kabani (top right photo), an associate director in Mark One’s Dallas office, arranged the financing.
“Lenders are aggressively bidding on medical office properties,” says Kabani. “Mark One arranged financing that is unmatched in the marketplace and quite rare for a surgery center.”
The nonrecourse loan has an LTV of 76 percent. The loan is for five years, amortized over 25 years. The interest rate was fixed at 4.66 percent.
Contact: Stacey Corso, Public Relations Manager, (925) 953-1716
No comments:
Post a Comment