Experience the Future of Real Estate Financing with Rodeo Lending.
The subject property, situated in the Del Cerro neighborhood of San Diego and adjacent to Lake Murray, is a fully occupied 10-unit multi-family property with tremendous upside opportunity given the below market rents and the ability to add six ADUs. The borrowers chose Rodeo Lending for its ability to deliver a quick close and concierge-level service. They will exit our loan with a long-term conventional refinance.
Property Spotlight:
- Location: San Diego, CA
- Size: 5,550 square feet of gross building area
- Features: 10 unit Multifamily property and all units are occupied
- Location Advantage: Pacific Beach community a popular beach community in the city of San Diego
Deal Highlights:
- Proven Expertise: Proven track record as successful multifamily owner
- Quick Closing: Closing happened quicker than a traditional bank allowing the borrower to close in their needed timeframe
- Prime Location: High levels of pedestrian and vehicle traffic and a vibrant night life scene
- Bridge Loan Convenience: Rodeo’s flexible bridge loan offering allows you to navigate the transition period while you prepare for permanent financing.
- Optimized Financing: Enjoy a favorable Loan-to-Value ratio, maximizing your financial leverage while minimizing risk exposure.
At Rodeo Lending, we redefine possibilities in real estate financing, empowering our clients to transcend boundaries and confidently realize their visions.
