Loan Amount: $1,200,000

Loan Term: 12 Months

LTC: 44%

Loan Position: First Position Deed of Trust

Unlocking Value in San Francisco’s Telegraph Hill: How Rubicon Mortgage Fund Empowers Real Estate Investors

In the fast-paced world of real estate investing, opportunities can arise quickly, often requiring swift action and flexible financing solutions. Recently, Rubicon Mortgage Fund demonstrated its agility and expertise by assisting a savvy real estate investor in acquiring a promising 6-unit apartment building in San Francisco’s iconic Telegraph Hill neighborhood.

The Opportunity: Our client, a real estate investor, identified a golden opportunity: a multi-unit property in one of San Francisco’s most desirable areas. Just a short block away from the infamous “North Beach” neighborhood and unbeatable panoramic views of the bay area, this acquisition was a no brainer. The apartment building in San Francisco, while structurally sound, had several vacant units and required minor updates to maximize its potential.

The Challenge: Despite the property’s clear upside, conventional lenders were hesitant due to the existing vacancies. This is a common hurdle in real estate investing, where traditional financing often falls short in recognizing the true potential of a property.

Rubicon’s Solution: This is where Rubicon Mortgage Fund stepped in. Recognizing the investor’s vision and the property’s inherent value, we quickly structured a financing package that met the borrower’s needs. Our private money lending approach allowed us to look beyond the current vacancies and focus on the property’s potential after improvements and full occupancy.

The Plan: With Rubicon’s financing in place, the investor is now set to:
1. Implement minor updates to enhance the property’s appeal
2. Lease the vacant units at current market rates
3. Increase the overall value and cash flow of the investment

Why Rubicon? Our deep understanding of the San Francisco real estate market, combined with our flexible lending approach, allows us to support investors in seizing opportunities that might otherwise slip away.

A Word of Thanks: We’d like to extend our gratitude to Slatt for the broker referral. This successful collaboration underscores the power of strong partnerships in the real estate industry.  Also another shoutout to Brad Lagomarsino from Colliers.

Looking Ahead: As San Francisco’s real estate market continues to evolve, Rubicon Mortgage Fund remains committed to providing innovative financing solutions for investors. Whether it’s a multi-unit apartment building in San Francisco, a commercial property, or a fix-and-flip opportunity, we’re here to help turn vision into reality.

Are you a real estate investor looking for flexible financing options? Contact Rubicon Mortgage Fund today to learn how we can support your next investment opportunity

Loan Amount: $845,000

Loan Term: 12 Months

LTC: 62.5%

Loan Position: First Position Deed of Trust

Rubicon Mortgage Fund is pleased to announce the successful financing of a strategic acquisition for business expansion in Santa Cruz, California, for the establishment of a new Domino’s Pizza franchise. This project entails the transformation of a vacant property on Mission Street into a restaurant, contributing to local economic growth and enhancing the area’s commercial landscape.

The acquisition is spearheaded by two highly experienced partners with an extensive portfolio encompassing over 300 Domino’s franchises across multiple regions. Their proven track record in franchise management and commitment to business expansion renders them exceptionally qualified for this venture. The selection of Mission Street as the location is particularly advantageous, given Rubicon’s history of successful transactions in this high-traffic area.

The vacant property, formerly a bicycle retailer, will undergo comprehensive renovations. The borrowers will invest significant capital to remodel the space, incorporating a cutting-edge commercial kitchen and creating an inviting dining area. This redevelopment not only revitalizes an underutilized property but also introduces a popular dining option to the Santa Cruz community.

This acquisition underscores the borrowers’ intent for business expansion and their dedication to enhancing the dining experience for their customers. The swift closing of this deal, facilitated by a trusted referral, exemplifies Rubicon Mortgage Fund’s commitment to providing efficient and reliable financing solutions. We are proud to support our clients in their growth endeavors and look forward to seeing the positive impact of this new Domino’s Pizza franchise on Mission Street.

Rubicon Mortgage Fund recently facilitated a $400,000 cash-out refinance for a non-owner-occupied single-family residence in Benicia, California. This 2,086 square-foot property boasts stunning views of Southampton Bay, making it a prime asset for the borrower.

The borrower, a long-time and valued client of Rubicon, plans to channel the funds towards business expansion and investment opportunities. This strategic financial move will enable them to scale their operations, invest in new projects, and enhance their overall business portfolio. The cash-out refinance is set to bolster their capital, providing the necessary resources to seize growth opportunities and improve competitive positioning in the market.

Rubicon Mortgage Fund has consistently demonstrated a commitment to supporting their clients’ financial goals with tailored lending solutions. This recent transaction not only underscores the trust and strong relationship between Rubicon and the borrower but also highlights Rubicon’s role as a key partner in their clients’ growth journeys. The borrower’s excellent experience with Rubicon’s streamlined process has even led them to consider investing in the fund, further solidifying their confidence in Rubicon’s financial acumen.

Highlighting the efficiency and convenience of Rubicon’s services, the entire refinancing process was completed in under three weeks. This swift and seamless transaction underscores Rubicon Mortgage Fund’s commitment to providing rapid and reliable financial solutions for their clients.

Loan Amount: $400,000

Loan Term: 12 Months

LTV: Under 40%

Loan Position: First Position Deed of Trust

Rubicon Mortgage Fund recently facilitated a $550,000 Cash-Out Refinance Loan on a building in Berkeley, California. The property in question is a stabilized 5-unit building under the ownership of a local long-term real estate investor. The loan became necessary due to the impending maturity of the existing mortgage.

The borrower’s initial loan application with a traditional bank was declined primarily due to structural concerns related to the building’s foundation. Like many older structures in Berkeley, this building’s brick foundation presented a risk factor that conventional lenders deemed challenging.

The banker handling the transaction recommended Rubicon Mortgage Fund for the cash-out refinance loan, given our specialization in asset-based lending. We successfully settled the borrower’s outstanding note/debt, providing the necessary liquidity for renovations, notably reinforcing the brick foundation.

Upon completion of the renovations, the borrower intends to transition back to their traditional banking relationship, underscoring our role as a bridge lender in this context.

Furthermore, the property’s location in a family-friendly neighborhood enhances its appeal and investment potential, reflecting positively on its overall value.

Loan Amount: $550,000

Loan Term: 12 Months

LTV: 44%

Loan Position: First Position Deed of Trust

Rubicon Mortgage Fund recently reaffirmed its commitment to supporting real estate ventures in Northern California by funding a commercial real estate acquisition loan for a multifamily acquisition in the region. In this instance, a loan of $400,000 was secured within a 30-day timeframe. The borrower’s intention is to retain ownership of the four-unit condominium for the long term, aiming to bolster their cash flow over time.

With a strategic vision in mind, the borrower plans to undertake minor renovations within the units to enhance their appeal and consequently elevate rental rates. These renovations consist of new appliances, interior and exterior paint, new carpets, and updated porches. Notably, the exit strategy involves a 1031 exchange sale of another property out of state, demonstrating a prudent approach towards fulfilling financial obligations to Rubicon Mortgage Fund. Upon the sale the net proceeds will go towards paying Rubicon’s loan off in full.

This transaction was initiated through a referral from a respected local commercial real estate broker, underscoring our dedication to collaborating within the Northern California market. Moreover, the borrower brings a wealth of experience as a seasoned investor in the northern California commercial real estate landscape, aligning perfectly with our mission to support local initiatives.

Situated within a larger residential development surrounded by similar condominiums, this four-unit property represents a promising addition to the regional real estate landscape. At Rubicon Mortgage Fund, we take pride in our involvement in commercial real estate acquisition loan’s that contribute to the vibrancy and growth of the northern California market.

Loan Amount: $400,000

Loan Term: 6 Months

LTV: 27%

Loan Position: First Position Deed of Trust