Construction Loan in Moraga, CA

Funded by Rubicon Mortgage Fund, LLC

Moraga, CA

$3,750,000

Recreational

Commercial Ground-Up Construction

10/21/2021
Transaction by
Rubicon Mortgage Fund, LLC
Many of the buildings on the property will be demolished to make space for the new proposed renovations of the tennis club. Being a non-profit organization, it was more difficult for the owner to secure conventional financing, making Rubicon an asset to complete the project. Rubicon provided a one-year loan on the property at 60% LTV and secured in first position deed of trust. 1 Year Term 1st Deed of Trust on property 60% LTV