Amer F. Kasm And IRA Capital Acquire Medical Office Building In San Francisco For $19.125M

The property asset involved in this transaction is a medical office located at 1263 Mission Street in San Francisco, CA. The fully leased UCSF @ SoMa outpatient building was acquired for $19.125 million.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $19.125 million
• Buyer: Amer F. Kasm, Amer H. Malas, Jay Gangwal, Mohannad S. Malas & Samir Patel - IRA Capital
• Seller: Razmig Boladian - Rubicon Point Partners
• Lender: CIBC Bank USA
• Financing Amount: Up to $13.7 million

This transaction involved notable individuals, including the buyer representatives from IRA Capital, specifically Amer F. Kasm, Amer H. Malas, Jay Gangwal, Mohannad S. Malas, and Samir Patel, along with the seller representative from Rubicon Point Partners, Razmig Boladian. The property was financed through CIBC Bank USA, facilitating the acquisition process.