Rubicon recently funded the acquisition of this 4-story, 28-unit multi-family apartment building in San Leandro. This building includes over 22,500 square feet of rentable residential space. Borrower intends to keep the property as an investment, and to refinance with a conventional lender in the future. To learn more about borrowing with Rubicon, visit our borrowers page here.

Loan Amount: $4,200,000

Loan Term: 1 Year 

Loan-to-cost: 63%

Loan Position: First position deed of trust