Madera, CA

$2,400,000

Hotel

Purchase

05/02/2017
Transaction by
Rubicon Mortgage Fund, LLC
Rubicon provided a $2.4M bridge loan for an investment purchase. Borrower acquired a 100-room hotel in Madera and pledged an 18,000 square foot commercial building in downtown San Francisco as collateral on the deal. The combined loan to value is 60% and the loan term is 2 years.