Rodeo Capital Recently Closed Transaction--$4,400,000 Discounted Payoff—Michigan...

[Marc Rabkin]

Rodeo Capital, Inc has recently funded a $4,400,000.00 loan for a discounted payoff on a portfolio of commercial properties located in Battle Creek, Southfield, Royal Oaks, Warren and Detroit, Michigan.

The portfolio included 4 multi family complexes, 2 office buildings, and 2 light industrial parks. The borrower had an impeccable payment history on their existing loan, despite it’s very high balance. The new loan from Rodeo Capital, Inc. enabled the borrower to save a significant amount of money off their existing note with the bank. The 8 properties are performing assets with high occupancy rates, strong debt to income ratio and a low loan to value. Additional collateral was added on several buildings that are in line for tax credit deals.


To View these and other Closed Transactions, Please Visit our Recent Fundings Page on our Website at http://rodeocapital.com/rodeo/recent-fundings

ABOUT RODEO CAPITAL-- Rodeo Capital Inc, is a portfolio lender specializing in bridge loans with the utmost reliability and integrity. Rodeo Capital does “Make Sense” lending in a lending environment of unrealistic and inflexible lending guidelines.

To learn more about these loans or our overall lending capabilities, please contact Marc Rabkin at 310-909-7334 or [e-mail]