Loan Amount: $845,000

Loan Term: 12 Months

LTC: 62.5%

Loan Position: First Position Deed of Trust

Rubicon Mortgage Fund is pleased to announce the successful financing of a strategic acquisition for business expansion in Santa Cruz, California, for the establishment of a new Domino’s Pizza franchise. This project entails the transformation of a vacant property on Mission Street into a restaurant, contributing to local economic growth and enhancing the area’s commercial landscape.

The acquisition is spearheaded by two highly experienced partners with an extensive portfolio encompassing over 300 Domino’s franchises across multiple regions. Their proven track record in franchise management and commitment to business expansion renders them exceptionally qualified for this venture. The selection of Mission Street as the location is particularly advantageous, given Rubicon’s history of successful transactions in this high-traffic area.

The vacant property, formerly a bicycle retailer, will undergo comprehensive renovations. The borrowers will invest significant capital to remodel the space, incorporating a cutting-edge commercial kitchen and creating an inviting dining area. This redevelopment not only revitalizes an underutilized property but also introduces a popular dining option to the Santa Cruz community.

This acquisition underscores the borrowers’ intent for business expansion and their dedication to enhancing the dining experience for their customers. The swift closing of this deal, facilitated by a trusted referral, exemplifies Rubicon Mortgage Fund’s commitment to providing efficient and reliable financing solutions. We are proud to support our clients in their growth endeavors and look forward to seeing the positive impact of this new Domino’s Pizza franchise on Mission Street.