John Kim Financial advised a dental office in Decatur, Georgia to fund a $2.3M SBA loan, when it acquired a 16,000 sq.ft medical office building for $2.1M and refinanced existing business debts in September 2016.
The property was a bank REO, and the seller pushed to close in 45 days to get the this property off from the bank’s book by the end of third quarter. After all, we could close this deal one week earlier than a scheduled date.
Our client is now a landlord and occupies a half of the building space, and three other medical professional tenants lease the remaining space. In fact, our client uses the space for free and other tenants pays new mortgage payment and all building expenses.
John Kim Financial is specialized in advising commercial mortgage and SBA financing to small business owners and investors. Should you have any inquiry, feel free to write to johnkimfinancial@gmail.com.
JohnKim Financial 