Fresnius Clinic, Utah

Property Summary

State – UT
Tenant – Fresenius
Lease SF – 12,900

Financial Summary

$4,500,000 total cost

The Opportunity

The developer needed capital to fund the land acquisition and vertical development of a Fresenius Dialysis Clinic
Fresenius signed a 15-year lease prior to project funding

Our Plan

Secure the project debt and equity to provide 100% non-recourse financing to the developer
Deliver a finished clinic to Fresenius

The Result

Sundance funded 100% of the project costs
Project was on time and on budget
Total project timeline from funding to sale of 11 months
Zero capital outlay for developer for land acquisition and site work
Sold at rent commencement; developer profit of over $1.2M

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