Transaction Overview
Raffi Sarkissian placed the acquisition & reposition for the bank-to-dental office conversion for a future dental office user. Construction is scheduled to run 12 months including all TI work for the 3,448 square foot facility. This loan also funded all improvements as well as most of the dental equipment required to commence operations. Fixed at 4.3%, the recourse loan will self-liquidate over a 25 year term.