Acquisition, construction, installation and equipping of a new 40,000 square foot medical office facility. The project allowed Digestive Disease Consultants to expand their practice by adding exam rooms, additional beds and procedure rooms.
The Value Provided:
The client was seeking very long-term fixed-rate financing for the project. As the project neared closing and ready to issue bonds, the credit market entered a period of multiple interest rate increases. The parties worked together to deliver a competitive financing structure, allowing the project to move forward.
Benefits of Working with us
Digestive Disease Consultants was able to access investment grade interest rates and finance their project over a 20 year long-term fixed-rate basis through the DFA Jobs & Investment Bond Fund Program. Through a capital lease structure DFA was able to deliver sales tax savings on construction materials related to the Project.
Project Cost: $6 million
$6,000,000 – DFA Jobs & Investment Bond Fund
$ 119,878 – Project Fund Earnings
$6,119,878 – Total