Purchase of a 15,000 square foot multi-tenant industrial building in Glendale, CA
Rubicon recently funded the purchase of a 15,000 square foot multi-tenant industrial building in Glendale, CA. The buyer/borrower occupied much of this building for his automotive wholesale distribution business for the last 20+ years. Rubicon secured an additional four-unit multifamily property in Los Angeles that the borrower owned free and clear as additional collateral. Our diligent in-house underwriting team enabled Rubicon to close ahead of schedule.
Quote from our Borrower
“Hi Casey Thank you for all your coaching and support throughout the intricate process of financing. Your dedication and perseverance made this happen.”
Quote from referring Broker
“Rubicon, thanks for the performance and for the RAPID funding”