Updated Oct 13, 2026
BG Capital Secures $11M Recapitalization Loan For Medical Office At 3905 Ford Road
3905 Ford Road
$11,000,000
$67/SF
Building Size
164,111 SF
Asset Type
Office
Closing
Jun 26, 2025
About this deal
AI
The property asset involved in the transaction is a medical office building located at 3905 Ford Road in Philadelphia. The asset encompasses 164,111 square feet and is part of a recent development initiative. The transaction involved a loan amount of $11,000,000 for recapitalization purposes.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $11,000,000
- Lender: Michael Doty - Nuveen Green Capital
- Landlord: BG Capital
- Landlord's Representative: Tyler Huffman - BG Capital
- Loan Type: Recapitalization
The financing for this project was managed by the Philadelphia Energy Authority, which oversees the Philadelphia Commercial Property Assessed Clean Energy program. This program facilitated BG Capital in securing the necessary funds for their medical office building development.
On the Map
$11,000,000
$67/SF
Office
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93