Share 'Rodeo Capital, Inc. Closes $6,392,000 Two Big Box Retail Purchases in Hobbs and Farmington New Mexico'
65% Loan to Value
Repeat Highly Experienced Borrower
Borrower Utilized Rodeo’s loans to purchase an 88,914 sq ft and a 90,651sq ft Big Box Retail Locations both currently housing K Marts. Sears who owns K Mart is currently in Bankruptcy and may liquidate. Borrower is an expert in repositioning big box retail into Multi-tenant retail. Borrower has excellent relationship with…
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