$3,500,000 Short Term Loan in Piedmont, CA
Loan from Rubicon enabled our borrower to purchase the subject property, while waiting to sell their existing property as an exit strategy.
Loan Amount: $3,500,000
Loan Term: 6 Months
Combined LTV: 62.5
Loan Position: 1st Deed of Trust on Subject Property (above), 2nd Deed of Trust on Additional Collateral (below)