Rubicon Funds Acquisition: Loan Amount $10,500,000
$10,500,000.00 acquisition loan for a
8,046 sq. ft. multi-tenant building in Berkeley
Loan Amount: $10,500,00.
Loan Term: 1 Year
Combined LTV: 60%
Loan Position: 1st Deed of Trust on all properties
This recently funded $10,500,000.00 loan enabled the acquisition of a 8,046 square foot multi-tenant building in Berkeley. Rubicon Mortgage Fund cross collateralized a 22,300 square foot office building located in Downtown San Francisco, CA, and a spec home in Laguna Niguel, CA as assets for the multi-tenant property in Berkeley, CA.
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