Rodeo Capital, Inc. Closes a $4,070,000 Business Purpose SFR Construction Completion Loan in Malibu California

[Marc Rabkin]

 

DEAL HIGHLIGHTS:

58% Loan to After Repair Value

Fund Controlled Construction Completion Budget

Built-in Interest Reserves

 

The subject property when completed will be a 6 Bed/6.5 Bath 6,102 sq ft; 2-story Modern Home on a 1 acre site. The home is on a gated street with a Pool/Spa/Fire Pit and Atrium among some of the properties amenities. Rodeo Capital's loan allowed borrower to pay off the current construction loan that came due and to provide the capital needed to finish the property.

To View this and other recently closed transactions; please visit our Recent Fundings Page on our website at: http://rodeocapital.com/4070000-malibu-ca/

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