Sponsors searching for 1031 exchange financing in Arizona usually need the debt on the up-leg, not a tax memo. Capital Market Funds is a commercial mortgage banker. We are not a qualified intermediary, we do not hold exchange proceeds, and we do not give tax advice. The replacement asset still has to fit Fannie Mae, Freddie Mac, HUD, life company, CMBS, bank, or bridge. We are not a Fannie Mae DUS lender.
The exchange clock is the underwriting problem. Identification and closing deadlines do not move because a life company or an agency lender needs another third-party report. If permanent credit cannot finish inside the exchange window, bridge with a named takeout is the structure we will discuss. That is the same bridge used on any time-sensitive Arizona acquisition. It is not a construction loan, and it is not a promise that every exchange can be financed.
No tombstone on this site is labeled as a 1031 exchange. We will not guess which prior closing was an exchange. The acquisition page shows the one published Arizona purchase, The Block at Pima Center, without calling it an exchange.
Debt on the replacement property
- Acquisition
The purchase mechanics, separate from the exchange clock.
- Life company
Permanent debt on a stabilized replacement property, if the clock allows.
- Fannie Mae
A stabilized multifamily replacement property. Not a DUS lender.
- Bridge
When the exchange deadline will not wait for permanent credit.
