Closes $2.7m 100% LTC Bridge Loan in Chicago

Closes $2.7m 100% LTC Bridge Loan in Chicago1

Closes $2.7m 100% LTC Bridge Loan in Chicago

Nelson Funding is proud to announce the closing of a 100% LTC $2.7m bridge loan. The loan proceeds will be used to acquire an assisted living facility in the Greater Chicago Area. The borrower wanted a loan that utilized the implied value in the property and minimized their equity contribution. Nelson Funding was able to provide a loan that provided 100% of the purchase price and over $1m of holdbacks for Capex and interest reserves. 

Nelson Funding is a nationwide commercial loan broker and correspondent lender helping borrowers get the best financing for their respective projects. Nelson Funding has provided financing for over 50 projects and placed more than $200m of capital. Nelson Funding has the experience to get almost any project funded from new construction to cash-out refinances to land development and more. If you have a scenario you would like us to review, send us an email at or visit our webpage at


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