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July 15, 2021

$950,000 Acquisition in Alameda, CA

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 Position: 1st Deed of Trust on both propertie

Previous deal $5,000,000 Refinance / Cash-out in San Francisco, CA Next deal $320,000 Acquisition in Georgetown, CA
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Rubicon Mortgage Fund, LLC is California's premier direct private money lender for commercial real estate. In-house underwriting. No appraisals. Initial response typically within 24 hours.

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