Stone Creek Place Medical Offices
Non-recourse, 3.5% fixed
StackSource successfully arranged $3,347,500 in non-recourse financing for the acquisition of a 40,471 square foot medical office center located in Flowood, MS (Jackson MSA). The Borrower owns and manages multiple medical properties throughout the Atlanta MSA. They are currently expanding their footprint throughout the Southeast and this is their first transaction outside of GA. Capital Advisor, Andrew Bouton, located a Mississippi based bank able to provide 65% of the purchase price. The non-recourse loan came with a 3.50% fixed rate with a 5-year term based on a 25-year amortization.
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