$1,350,000 Acquisition in Oroville, CA
Rubicon funded the acquisition of this 55,000 SF industrial warehouse located in Oroville, California. As an asset-based lender, Rubicon can provide financing on Vacant properties. This allows us to help borrowers who may not otherwise qualify for conventional financing options. The building was delivered vacant upon the close of escrow. Property has a ground lease in place.
Loan Amount: $1,350,000
Loan Term: 24 Months
LTC: 50%
Loan Position: First Deed of Trust
Rubicon is actively funding loans throughout California. Reach out to someone from our team or call our office directly for all your private lending needs.