Rubicon funds a $10,500,000 loan!
EXPLORE INVESTMENT ACQUISITION
Rubicon funds $10,500,000 acquisition loan!
Contact Rubicon Mortgage Fund to learn how to put assets to work for you when looking to acquire investment property. Rubicon provides fast funding for Real Estate specializing in short-term loan financing for acquisitions, equity refinances and cash out loans for commercial properties.
This recently funded $10,500,000.00 loan enabled the acquisition of a 8,046 square foot multi-tenant building in Berkeley. Rubicon Mortgage Fund cross collateralized a 22,300 square foot office building located in Downtown San Francisco, CA, and a spec home in Laguna Niguel, CA as assets for the multi-tenant property in Berkeley, CA.
Loan Term: 1 Year
Loan Position: 1st Deed of Trust on all properties
Combined LTV: 60%
RUBICON MORTGAGE FUND
Acquisition of Industrial Building in South San Francisco California
Rubicon financed the acquisition of this 13,500 square foot industrial building in South San Francisco. Rubicon is asset based, and financed the purchase even though the building was vacant, allowing the client to finalize the tenant after the purchase.