ATC Managers, LLC Closes $13,700,000 Medical Office Building Loan

The Client's decision to refinance the five-story medical office building was a strategic move prompted by the urgent necessity to secure alternative financing after facing pressure from their existing Bank. Initially, with only three tenants in place, the Client's foresight in securing additional tenants with executed leases demonstrated a promising trajectory towards growth. However, the pivotal challenge lay in the extensive tenant build-outs essential to effectively accommodate the incoming occupants. Understanding the critical nature of these requirements, our dedicated team played a key role in facilitating the provision of funding at a competitive fixed rate. This financial assistance not only empowered the Client to successfully complete the necessary build-out processes but also ensured a seamless transition for the new tenants entering the space. By doing so, a conducive and positive environment was fostered for all parties involved, setting the stage for enhanced productivity and satisfaction within the medical office building.