The subject property is a 30,038 sq ft single-tenant retail building leased to Best Buy. Borrower’s current loan came due, and he needed a short-term bridge with a zero pre-payment penalty in order to give him the time needed to finalize the property’s sale. The borrower will exit Rodeo’s loan with a sale of the property.

DEAL HIGHLIGHTS:

• 70% Loan to Value
• Experienced Repeat Borrower
• ZERO Prepayment Penalty