Hard Money Loan for Industrial Property in Montclair, California

Funded by Rubicon Mortgage Fund, LLC


Deal Details

Private Loan Type

Equity Cash Out

Approx. Funding Date


Property Type
Property City


Property State


Lien Type

1st Trust Deed

Payment Type

Interest Only

Location Type


Property Condition


Building Square Footage


Lot Acreage


Exit Strategy

Conventional Loan

Deal Highlights

Loan Amount: 2.1M
Loan Term: 12 Months
LTV: 30%
Loan Position: First Position Deed of Trust

Deal Summary

Rubicon Mortgage Fund, a direct private money lender, funded a $2,100,000 1st lien position equity cash-out loan secured by an office/industrial property in Montclair, San Bernardino County, CA. The Borrower, aiming to expand in the digital advertising sector, plans to launch a digital billboard on Sunset/Hollywood Boulevard in Los Angeles, leveraging the property’s strategic location near a highway and railroad. We used the equity in their commercial property to provide them with the cash needed to invest in their business. The funds will be used for the deployment of digital billboards and other business expansion initiatives. This loan was referred to us by a broker in Miami, which demonstrates Rubicon Mortgage Fund’s nationwide operational reach and stellar reputation. The subject property was in excellent condition and well situated close to Ontario Airport. It is approximately 14,000 square feet on a 4.32-acre lot. The Borrower plans to refinance with a conventional loan as an exit strategy. The loan term was set at 12 months. This CRE hard money loan was funded in May 2024. 

Funded By

Rubicon Mortgage Fund, LLC

Northern California’s Premier Direct Lender | No Appraisal Required


Cesar Pena

Senior Director - Producer

CA DRE Lic. 01984871