The subject property when complete will be a 3-story 15,610 square foot, partially owner occupied Medical Building on a .69 acre site in Spring Texas. The new loan from Rodeo allows the borrower to complete the property, open up their second medical practice location and rent it out to other medical professionals.
- 35% Loan To After Repair Value
- Built-In Interest Reserve
- Fund-Controlled Construction Completion Budge