Looking for a lender that will creatively structure financing solutions to fit the borrower’s needs?
As a private debt fund, Rubicon can creatively structure financing solutions to fit each client’s individual needs. In this transaction, our borrower was unable to acquire conventional financing due to the face that the real estate was vacant at the time of closing. As an asset-based lender, Rubicon is able to fund using the asset itself as collateral. Rubicon funded on time, enabling our client to secure the property and begin renovations to create the coworking space they envisioned!
For more information on funding a transaction in California, please call our office at 925-283-8919.
To learn more about our lending guidelines, visit: https://rubiconmortgagefund.com/borrowers-lending-criteria/
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As a private debt fund, Rubicon can creatively structure financing solutions to fit each client’s individual needs. We love helping entrepreneurs and investors make their dreams become a reality especially when they run into roadblocks with conventional channels.
There can be numerous reasons someone doesn’t qualify for a conventional loan, and Rubicon can step in and be a funding source when banks cannot.
In this transaction, conventional financing was not an option simply based on the fact that the real estate was a vacant office building being purchased as an investment. Being that we lend primarily on the real property rather than the income or cash flow, we were able to provide a loan to help our client purchase the property. Our client bought the building with the intention of creating a new concept space – including a health and wellness portion on the ground floor and collaborative office space upstairs. Rubicon also provided a loan to help her with the construction/renovation.
A video walkthrough of this space shows the transformation this property has went through over the past year. Once being a cubicle filled office space to a coworking health and wellness center. Known as “The Rising Zone,” this space creatives an innovative environment to connect with others and create a one stop shop for fitness, health, wellness, and a professional flexible work space. For more information on The Rising Zone, visit their website at www.Rising.Zone
When timing is of the essence or conventional financing is hard to obtain, Rubicon is a reliable local resource. Give me a call or visit our website at www.RubiconMortgageFund.com to learn more!