{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Private Lending Insights","title":"California Bridge Lending with Rubicon Mortgage Fund","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/1bce1c1c\"></iframe>","width":"100%","height":180,"duration":3295,"description":"Rocky Butani interviews Vance Hillstrom, CEO of Rubicon Mortgage Fund, for a wide-ranging discussion on California’s evolving real estate market, Rubicon’s conservative lending philosophy, and what it takes to survive and thrive in today’s private lending landscape. Rubicon has been originating bridge loans for nearly 20 years, funding deals exclusively with capital from its $150 million discretionary mortgage fund. While the firm started by focusing on the Bay Area, its lending footprint now spans the entire state of California, including a growing appetite for Southern California.Visit Rubicon's profile on PrivateLenderLink.com to learn more and to contact them: https://privatelenderlink.com/profile/rubicon-mortgage-fund/This interview is Episode #18 of the Private Lending Insights Podcast: https://podcast.privatelenderlink.com/00:00 Intro 01:14 Market Trends 02:56 Loan Extensions 04:00 Bridge Loan Demand 06:19 First Republic Loans 10:50 Defaults & Foreclosures 12:17 Loan Volume 14:34 Portfolio Mix 17:20 Property Types 19:45 Gas Stations & Hospitality 21:52 Lending Regions 27:46 Guidelines & Terms 33:46 Valuation Process 39:29 Deposits 41:12 Rehab & Construction 42:30 Broker vs Borrower 43:19 Loan Examples 49:16 Team & Operations 50:49 Mortgage Fund 55:33 Closing","thumbnail_url":"https://img.transistorcdn.com/xr0UiXHNefdYVN_pu04i05Y0vju7Zbs-uZfDeHQDW14/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZjVk/YjFlNDU1YzQzZjQz/NDVjZGRlODQ1Yzk5/MWUxZS5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}