Deal Details
Private Loan Type
Purchase
Approx. Funding Date
07/01/2025
Property Type
Property City
San Francisco
Property State
CA
Loan Term (months)
12
Lien Type
1st Trust Deed
Payment Type
Interest Only
Purchase Price
$4,800,000
Loan-to-Purchase Price
50%
Building Square Footage
16,897
Deal Summary
Rubicon Mortgage Fund, a direct private lender, funded a $2,400,000 bridge loan for the purchase of a boutique hotel in San Francisco, CA, unlocking new potential for a historic property. We funded 50% of the $4,800,000 purchase price, and the Borrower contributed 50%. The 16,897-square-foot Victorian building, originally constructed in 1881, is now set to become a vibrant community hub under the bold vision of its new owners. This transaction highlights Rubicon’s ability to deliver creative capital solutions when traditional banks say no. The Borrower, a group of foreign nationals from South Africa, has already built a successful brand focused on flexible living and community-centered hospitality, but conventional financing in the U.S. was not an option. The loan term was set at 12 months. This bridge loan was funded in July 2025.