$750,000 Loan in Alameda, CA
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Rubicon provided the funds needed to secure this investment acquisition located in Alameda, CA.Â
Our client was currently leasing the space and had the opportunity to purchase it. Â
The acquisition of this four-unit 2,976 square foot mixed-use space includes two units above and two below. Â
A 2-year loan term allows our borrower time needed to refinance with a conventional lender as
a takeout strategy. Â
Loan made in first position deed of trust at a 60% Loan-To-Cost. Â
Rubicon remains a active lender in the commercial space and will consider loans anywhere in California.Â
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