We provided a commercial real estate, or CRE, loan to a physician's office. The loan aided in the purchase of a mixed-use building from the previous ownership group for the primary operation of their general office. Our full banking relationship includes the real estate holding company, medical corporation, business credit card, digital banking with remote deposit capture and merchant services.
The physician's office specializes in internal medicine, with a staff of eight employees in the Richmond District in San Francisco, CA.
San Francisco, CA
$1,660,000 for 7 years