Rodeo Lending funded a $10,330,000 construction completion loan on a luxury SFR property located in the prestigious neighborhood of Portola Valley, CA. Our borrower is an experienced developer and the project was 65% complete when they approached Rodeo. The completed estate will be a 9346 sf 6 BR/7 BA home with a 1 BR/1 BA guest house and pool that sits on 6.9 acres. Rodeo Lending has the expertise to fund construction completion projects like this and tailor any loan to meet a client’s needs.
Deal Highlights:
- 50% Loan to Value
- Built in Interest Reserves
- Fund Controlled Construction Budget
