Borrower: The National College of Natural Medicine is the oldest accredited naturopathic medical university in North America and a leader in natural medicine education and training.
Amount of Loan: $13,000,000
Closed: December 14, 2015
Purchasing Bank: Pacific Continental Bank
Description of Loan: This Project was undertaken to finance the acquisition of, and improvements to, a previously leased building, refinance existing debt obtained through an OFA SNAP Bond and refinance other related term debt. This was the borrower’s third SNAP Bond financing through OFA.
Type of Loan: SNAP Bond