Private Financing Secures Medical Office Acquisition
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- Private Financing Secures Medical Office Acquisition
Loan Priority
1st Mortgage
Loan Amount
$4,875,000
Loan to Value (LTV)
50%
Loan Purpose
We’re excited to announce a recent transaction with one of our repeat clients, a seasoned real estate investor with a strong and diverse portfolio. Hillmount Capital has funded the purchase of a 20,000 square foot medical office building situated on a 2-acre site. This strategically located property sits in a growing area, offering significant potential for future appreciation. The borrower plans to enhance rental income by attracting high-quality tenants, further increasing the asset’s value. With a focus on maximizing cash flow through improved leasing terms, the borrower intends to refinance with a financial institution once the property’s performance is optimized.
Location
Cambridge
