McKINNEY, TX-HFF has arranged $25.04 million in acquisition financing for Victory Medical Center at Craig Ranch, a 113,375-square-foot, class A hospital/medical office in McKinney.
HFF worked exclusively on behalf of the borrower, a joint venture between Forge Realty Partners, LLC, Chief Partners and Victory Healthcare, to secure the loan through American Momentum Bank. Managing director Steve Heldenfels and real estate analyst Jeremy Sain led the efforts on behalf of the borrower at HFF.
Victory Medical Center at Craig Ranch is located at 6045 Alma Road just off State Highway 121 and is situated midway between the Dallas North Tollway and the Central Expressway. Constructed in 2009, the property consists of one building, which includes a four-bed intensive care unit, 20 private suites, seven operating rooms, three special procedure rooms and 10 medical office tenants.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
