Rodeo Lending closes a $10,330,000 Loan for an SFR Construction Completion

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

 

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