Gas Station acquisition in Diamond Bar, California
Gas Station acquisition in Diamond Bar, California
Loan Amount: $2,600,000
LTC: 50%
Rubicon recently funded this gas station acquisition in Diamond Bar, California. The purpose of this loan was for the borrower to acquire both this shell gas station and convenience store. The loan is secured in first position deed of trust and the borrower is a seasoned owner and operator.
The borrower intends to secure conventional financing to pay Rubicon off.
