Construction Loan for a $6M SFR in Palo Alto


Property Type

Loan Type

May 14, 2024

Palo Alto, CA: Rodeo Lending closes on a $6,000,000 construction loan that will be converted into a beautiful single-family residence upon completion.

Project Overview:

The subject property is a breathtaking 5,149 square foot five-bedroom, five-and-a-half-bathroom spec home, epitomizing luxury and sophistication. Crafted with meticulous attention to detail and exquisite design, it stands as a testament to fine craftsmanship and unparalleled elegance.

Our borrower is the U.S.-based arm of a Brazilian development company with a complex ownership structure and unique debt arrangements. Leveraging our expertise, we tailored a mortgage solution that seamlessly aligned with their needs, enabling them to realize their vision with confidence.

Key Highlights:

  • In-House Fund Control
  • 70% Loan to Completed Value
  • Foreign National Borrowers

Closing and Future Prospects:

As the project nears completion, we eagerly anticipate the realization of our collective vision—a masterpiece that will set new benchmarks in luxury living. With the borrowers poised to exit Rodeo’s loan through the successful sale of the property, we take pride in our role as enablers of transformative real estate ventures.

Get in Touch:

Please contact us to inquire about our financing solutions or to explore partnership opportunities. Together, let’s shape the future of real estate.

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