This is a loan that encompasses 2 properties. The first is a beautifully appointed estate, which has a 14,833 square foot home and a guest house on 1.15 acres in the coveted golf course community of Hollbrook Farms. The additional property is a 6.1 acre desirable well located piece of land which is zoned for retail. Rodeo’s new loan allowed the borrower to purchase the estate property in the limited time frame he had to close the transaction. Rodeo Capital closed in 7 days and met the borrower’s tight deadline. This allowed the borrower to add another sought-after asset to the borrower’s high-end single-family residence corporate executive rental strategy.
Deal Highlights:
7 Day Close
6.1 acres of Commercially Zoned Land(Retail) Crossed
62% Loan to Total Collateral Value
Built In Interest Reserves