A Phoenix medical office building is underwritten to the leases: single-tenant or multi-tenant, remaining term, and whether the sponsor occupies a suite or leases the building to practices. Capital Market Funds originates life company, bank, CMBS, or bridge for that collateral from Scottsdale. We do not describe this page as an SBA program.
The only medical dollar on the site is a single-tenant dental and medical office in Tempe, cash-out refinance, $745,000, 2022, prior firm. The card does not name a capital source. It is not a Phoenix address, not a hospital, and not HUD 232. Chandler's office loans are office, not a Phoenix medical comp.
Outpatient buildings and a Phoenix medical refinance
Outpatient and multi-tenant medical buildings in Phoenix are the same loan type as a single-practice building, with a wider tenant roster. Owner-occupied space, where the practice is the sponsor, is a different credit from a landlord refinance. Say which one the file is before a source is chosen.
Refinancing a Phoenix medical building replaces the existing note. No Phoenix medical refinance is published, so the Tempe cash-out is not cited as Phoenix proof. A purchase is an acquisition and follows the contract date. Bridge is the structure when the lease permanent credit wants is not in place yet.
What this page is not
HUD 232 is residential care. Assisted living and memory care belong on Phoenix seniors housing. A dental suite is not that program. A hospital operating company is not the loan described here.
The Tempe card, including how the cash-out was structured, stays on Tempe medical office. Statewide medical context is Arizona medical office.
St. Joseph’s and Banner University as landmarks
Midtown Phoenix medical office clusters near St. Joseph’s Hospital and Banner–University Medical Center. Those hospital names tell a lender where the building sits. They are not a borrower list. A condo the practice owns and a multi-tenant building on the same block still underwrite differently. Send the suite, not only the hospital.
Capital for Phoenix medical office
| Source | When it fits |
|---|---|
| Arizona medical office | Statewide medical office. The published example is Tempe, not Phoenix. |
| Life company | A leased Phoenix medical building an insurance company will accept. |
| Bank and credit union | Often the hold for a smaller or owner-user Phoenix medical building. |
| Phoenix seniors housing | Assisted living and residential care. Not a medical office building. |