REFINANCE CASH-OUT, OAKLAND CALIFORNIA

Rubicon financed a refinance-cash out on this office building in Oakland, California right next to Lake Merritt. This 9,500 square foot office space is mixed-use for both stores and offices and is located in a well traveled part of downtown Oakland.

 

Loan Amount: $1,350,000

Loan Term: 12 Months

Loan to Value: Below 40%

Loan Position: First Deed of Trust

Interest Reserve: 1 Year