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Wylie Medical Office

801 South State Highway 78

Loan Amount

$10M

Deal Description

Refinance for a medical office building to lease the hospital portion; it was waiting for permits to parcel out the land to develop additional buildings on the campus. This deal was brought to us after the sponsor attempted many other avenues.

Property Location

801 South State Highway 78

 Quick Stats 
Partner Type

Debt fund

Program Type

Bridge

Program details

Rate: 9.5%
Term: 2 years
IO period: 2 years
Non-recourse

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