Refinance Loan in Hollister, CA

Rubicon Mortgage Fund, LLC recently funded a hard money in the amount of $300,000 on a combination Office / Industrial Property located in Hollister, CA. The purpose of this loan was to refinance an existing loan.  Rubicon’s loan to value was under 45%.  Borrower purchased the property in 2006 for $1,000,000 and dramatically improved the property.