Borrower was looking to purchase an industrial flex property in Scotts Valley, CA. 50,000 square feet of space available. Located near a local shopping center and only 15 minutes from Los Gatos. Rubicon was able to step in and provide financing when the borrower was having trouble securing a conventional loan.

 

Loan Amount: $3,100,000

Loan Term: 1 Year

LTV: Under 40%