Clark Capital Funding Group secures 25M Refinance/ Acquisition loan for Medical Treatment Centers, Vancouver, Washington
NEWS RELEASE –Miami, Florida-CLARK CAPITAL FUNDING GROUP, a leading global commercial real estate finance advisory and investment banking firm, with a specialization in construction, multi-family, retail, office, industrial, self-storage and hospitality arranged $25,000,000 in financing for Medical Treatment in Vancouver, Washington..
The financing was provided by a private lender specializing in construction and bridge loans. The debt was non-recourse and aggressively priced, floating over LIBOR with a hedge and included a five year term with three 1- year extensions. This is second financing for same type of project for our client in last 30 days.
Commenting on the debt placement, Clark Capital-CEO-Walt Clark said, “Although this property and location are A Class . The financing structure provided an interest reserve and most important, time for the sponsor to complete their vision and business plan”. Commenting on the sponsorship, Clark Capital-CEO-Walt Clark said, “The sponsor is extremely impressive, they are an affiliate of a major national U.S. based development fund.
About Clark Capital Funding Group
Clark Capital Funding Group is a leading global private lender to the commercial real estate finance advisory and investment banking firm, specializing in Debt/Equity loans, JV equity loans, bridge loans to owners, investors and developers in need of funding outside the scope of traditional banks and lenders. Formed with the mission to assemble the most highly creative minds in real estate lending under a single banner, the firm recognizes the importance of access to capital in turbulent times. Its partners, who have closed over $600 million in loans this year, have the knowledge and insight to guide a borrower through the entire loan process, from initial review through closing.
Drawing from various resources, Clark Capital Funding Group offers loans from $3 million to $4 billion with the flexibility and creativity to review projects of every type — land, multifamily, office, retail, industrial, hotel, technology, oil & gas etc. — and to offer funding for almost every purpose — restructurings, discounted payoffs, purchase of notes and property improvements.
If you have projects seeking funding, come to us for help with your financing.
BROKERS ARE WELCOME TO SUBMIT PROJECTS
For More Information, go to: www.clarkcapitalfunding.com
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Walt Clark, Chairman/CEO
Clark Capital Funding Group
201 S. Biscayne Blvd, Miami Florida 33131
[email protected] / Office (305) 432-5151
International Trade & Development Professional
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