Pebble Beach, CA

$2,750,000

Single Family Residence

Refinance

08/27/2020
Transaction by
Rubicon Mortgage Fund, LLC
Our Borrower on this transaction is another longtime business contact of Rubicon Mortgage Fund, LLC; his refinance of this innovative spec home in beautiful Pebble Beach, CA was his 9th loan with Rubicon. This contemporary dream opportunity with both ocean and Spanish Bay Links Golf Course views totals 2,953 square feet and includes 3 bedrooms, 3.5 bathrooms. Our borrower intends to list this property for sale in the very near future. The Borrower’s current loan was maturing, and construction of the spec home was recently completed. Rubicon provided a 1st Deed of Trust in the amount of $2,750,000 for a 12-month term to refinance and pay off his existing rate and term loan. Rubicon is proud to have this property in their loan portfolio.