Vacant Properties
As an asset based lender, Rubicon has the ability to finance Vacant Properties.
RUBICON LENDS ON VACANT PROPERTIES
The borrowers needed to close quickly to complete the acquisition of this Industrial/Flex building in South San Francisco, CA. Funding from Rubicon enabled them to complete the purchase, and then focus on finalizing a lease with a tenant afterwards.
See how we recently helped a client purchase this industrial/flex building in South San Francisco, CA!
Loan Highlights:
- The transaction closed in less than 1 month.
- Loan Amount: $2,950,000
- Loan Term: 12 Months
- Loan Position: 1st Deed of Trust
- LTV: 62%
As an asset based lender, Rubicon can
finance Vacant Properties.
Quote from Borrower:
You guys were great to work with…easiest closing I’ve had in a long while. Hope to do more with you guys” -K.L