Closes $724,000 Mezzanine Loan in California

12 Sep Closes $724,000 Mezzanine Loan in California

Nelson Funding is proud to announce the recent closing of a $724,00 mezzanine construction loan to complete horizontal and vertical work of a 26 twin-home project in El Cajon, CA. The mezzanine piece combined with the senior debt arranged by Nelson Funding reflects a combined 91% LTC construction loan that was able to close in just a matter of weeks. The developer is now able to finish his project and provide much-needed housing in the greater San Diego area. 

Contact loans@nelsonfunding.com to discuss your commercial real estate scenario today. We finance everything from lot development to resort development and everything in between.