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November 29, 2022

$4,652,800 1031 Exchange in Stockton, CA

This loan was part of a 1031 Exchange for the purchase of a 38-unit, 38,000± square foot apartment building.  Our borrower needed to complete their 1031 Exchange to meet a deadline and Rubicon funded on time.  As an asset-based lender with an internal underwriting team, Rubicon can generally fund more quickly than a traditional bank, which is essential when borrowers are on a tight deadline to close.

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Rubicon Mortgage Fund, LLC is California's premier direct private money lender for commercial real estate. In-house underwriting. No appraisals. Initial response typically within 24 hours.

(925) 283-8919