Rubicon recently closed on a mixed-use commercial building for an owner-user in Alameda, CA. Our client was working with an SBA lender. The loan was pushed back a few weeks, which made it difficult on our client to close on the transaction. Our referring broker not only closed the loan with Rubicon, but he is now working on a takeout loan with the SBA lender. One year loan term.

Loan Amount: $950,000

Loan Term: 12 Months

Loan Position: 1^st Deed of Trust on both propertie