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March 26, 2024

$575,000 Commercial Hard Money Loan Oakland, CA

Rubicon Mortgage Fund financed a commercial hard money loan enabling the borrowers to purchase a retail industrial commercial building. Despite its current vacancy, the buyers recognize substantial investment opportunities within the property. The buyers envision transforming the building into a grocery store and bakery through renovations. The property’s strategic plan involves stabilizing its occupancy before pursuing a refinance with a bank, thereby solidifying the exit strategy.

 

 

Loan Amount: $575,000

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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.

(925) 283-8919