Rodeo Capital, Inc. has recently funded the following Hard Money Transactions in Chicago IL and Sarasota FL…

1. $1,191,720 Three Property Refinance in the Chicago Illinois area

DEAL HIGHLIGHTS:


*61% LTV
**1.25 DSR
***Quick Close

The Subject properties were Retail, Industrial and Office properties. The proceeds were used to pay off the current mortgage that was maturing and several mechanic liens.

2. a $1,900,000 Business Purpose Single Family Residence Refinance in Sarasota Florida.


DEAL HIGHLIGHTS:

*56% Loan To Value
**Quality Repeat Borrower
***Quick Close


The subject property; built as a Spec Home in 2014, is a 4100 square foot 4 Bed/ 4 ½ Bath home with views of the Gulf of Mexico. The proceeds of the new loan were used to pay off the current mortgage and provide cash out for further real estate investments.

To View this and other recently closed transactions; please visit our Recent Fundings Page on our website at: http://rodeocapital.com/rodeo/recent-fundings To learn more about these loans or our overall lending capabilities, please contact Marc Rabkin at 310-909-7334 or mrabkin@rodeocapital.com

 

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