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Rodeo Capital Inc. Closes a $6,000,000 Skilled Nursing Facility Refinance Loan in Santa Monica, CA

Rodeo Capital was called upon to provide a commercial loan on a 48 bed skilled nursing facility in Santa Monica, CA in order to provide enough cash-out for the borrower to purchase  a medical business. We provided a loan on the subject property that houses the 8,136 square foot medical facility as well as a contiguous land parcel, which is being improved into a parking lot.

Deal Highlights:

65% LTV
10 Day Closing