$485,000 Acquisition in Sacramento, CA
- Borrower approached Rubicon with plans to purchase a building adjacent to one previously purchased. Adjacent building purchase was also made possible in 2020 through financing from Rubicon.
- Borrower intends to occupy this 5,000 square foot industrial warehouse as an owner-user
- Loan Term: 1 Year
- Loan Position: 1st Deed of Trust
- LTC: 62.5%