CONVENTIONAL LOAN
Plastic Surgery Center Expansion - Ontario, CA
Market - MEDICAL OFFICE FACILITY
$4.2M
PURCHASE PRICE
SERVICES RENDERED & RESULTS
-
Real Estate Lending Solutions
- Arranged a 75% LTV conventional loan at favorable market terms, with a competitive fixed rate and long-term amortization, minimizing the borrower’s equity contribution
-
Consulting Strategies
- Creatively used add-backs to enhance cash flow, strengthening the analysis to achieve a qualifying debt service coverage ratio.
- Leveraged a strong banking relationship to secure loan approval that may not have been possible through traditional channels.
- Assisted with the Conditional Use Permit (CUP) process to ensure approval for the property’s medical office use.
GOALS & CHALLENGES
Insufficient Global Cash Flow (Annual Debt Service Coverage): Traditional underwriting metrics suggested the borrower’s income did not fully support the new debt obligations when combined with existing commitments. This presented a significant barrier to obtaining loan approval.
Conditional Use Permit (CUP) Requirement: The City of Ontario required a Conditional Use Permit to approve the property’s medical use. Coordinating this process with city planning was time-sensitive and essential to the acquisition.
Second Location Expansion Risk: Many lenders viewed the acquisition of a second location as carrying elevated risk, particularly in a specialized medical field, requiring a strong presentation of the borrower’s track record and business plan
9,150 SF
Plastic Surgery Practice (Second Location)
Client Objective & Purpose
Our client, a highly successful board-certified plastic surgeon, sought to acquire a second state-of-the-art facility in Ontario, California to expand his practice and better serve a growing patient base. The acquisition would allow the client to create an additional surgical and consultation center, increase patient volume, and diversify geographic reach while solidifying a long-term investment in real estate.
Outcome
The borrower successfully acquired the Ontario medical office facility, securing an ideal second location to expand his plastic surgery practice. Vanguard Commercial Capital’s expertise and persistence overcame complex underwriting barriers and municipal requirements. By employing creative financial structuring, leveraging trusted banking relationships, and assisting with regulatory approvals, Vanguard once again demonstrated its ability to go above and beyond to meet client needs and execute highly complex transactions.
Owner-User building for Plastic Surgery Practice (Second Location)
Client Feedback
Ximagnia tectati umquam fugit quae plaborum exerior estion commolore dolorum quatente porenient, ventium qui ommodis dolupiti rehende litatur ibusda doluptat aut haritendisit autempore commolo ruptatusanis voluptatium sectum simus
Id ma vollaut excerfercil inus et haribus, num ius pos et hictam fugit, quisima gnatibus
EPIBIOLOGISTICS
Noel Delivers Results Where Others See Roadblocks
With decades of deep banking relationships & direct access to key decision-makers, he structures tailored loans using common-sense underwriting. Not policy driven, just performance driven, Noel maintains a 95% close ratio by finding creative solutions that others overlook.
