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April 30, 2021

$750,000 Acquisition in Fall River Mills, CA

Recently funded: Borrower was on a tight closing deadline to purchase this lodge as a business acquisition. The lodge is located in Fall River Mills and is a popular well-known fishing destination.  Lodge is home to 4,500 sq. ft. of rentable building space including individual rooms for guests on long stays.

Loan Amount: $750,000

Loan Position: 1st Deed of Trust on both properties

Investment Acquisition
Previous deal $775,000 Refinance in Tahoe City, CA Next deal $260,000 Acquisition in Huntington Lake, 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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