Rodeo Lending Closes a $3,250,000 1st Mortgage & a $250,000 2nd mortgage Business Purpose SFR Purchase loan in Kona Hawaii

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October 2, 2019

Subject property is a 4,965 sq ft, 6 beds/6.5 bath custom designed investment property with ocean views located in the elite gated Kukio resort complex. Kukio; which is adjacent to The Four Seasons Hotel in Kona-Kohala, is considered by most one of the finest private equity club communities in all of Hawaii if not the United States. The Borrowers needed a fast close. They will exit Rodeo’s loan with a conventional refinance.

 

HIGHLIGHTS:

  • 70% Loan to Combined Value
  • 3 Week Close

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