Raisal Arranges $10.1M Construction Loan for Assisted Living Facility in Tampa

TAMPA, Fla. — Raisal has arranged a $10.1 million loan for the construction of a new assisted living facility in Tampa.

A local bank provided the funds through the Small Business Administration’s SBA 504 program. The financing represents a 90 percent loan-to-cost ratio.

Further details on the project and borrower were not disclosed.