News Release: Fairfield Advisors announces successful closing of the Coronado Medical Office Building in Las Vegas, NV. A $12,000,000 Transaction

Denver CO & Las Vegas NV –  Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful refinancing of the Coronado Medical Office Building located at 2779 West Horizon Ridge Parkway in Henderson, Nevada. Coronado is a 40,000 square foot, Class A asset. The building contains a surgery center that is operated by one of the leading orthopaedic surgeons in Nevada. The building was 92% occupied at the time of the transaction.

“Fairfield acted in a true advisory capacity on this transaction as the seller decided between selling the asset and putting new debt on it”, said Greg Trainor, Managing Partner with Fairfield.  “Fairfield was able to provide “real world” valuations for the owner so that they could make an educated, market-timed decision. Once they decided to refinance the MOB, Fairfield managed a highly targeted campaign that more than achieved the owner’s desired results in a short time period. There are a lot of varied Capital Sources that are actively looking to acquire and to place capital onto HealthCare Real Estate right now”.

Fairfield Advisors has closed over $104,000,000 of Medical Office Building Transactions in the past 10 months.

About Fairfield Advisors

Fairfield Asset Advisors is a national leader in providing a wide range of Advisory Services to the HealthCare Real Estate Marketplace.

Fairfield works directly with owners of HealthCare Real Estate for the sale of assets as well as for the sourcing of capital for debt, equity, and recapitalizations.

Fairfield works directly with Capital Sources to manage highly targeted campaigns to provide Deal Flow based on specific criteria including Geography, Deal Size, Asset Type, Tenants, and Loan Status.

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