04 Oct Nelson Funding Arranges $12,000,000 SFR Construction Loan in Oroville, CA
Nelson Funding is pleased to announce the recent closing of a $12mm construction loan in Oroville, CA. As a leader in providing private money construction loans in California, Nelson Funding was able to structure a high leverage deal for our clients. Nelson Funding
provided funding for the largest MH Advantage project in the Nation, our Client W&R is proud to present River Ranch, located in Oroville CA. River Ranch is a 132 lot Single Family Residential 51 acre build-to-sell subdivision, within the approved Final Map is a 4 acre commercial space, set aside for shopping and dining businesses. Due to the relationship with Skyline/Champion Homes the development will build within a cost structure not available to local and regional builders who currently dominate this market. The Factory-Built homes built to “site-built” standards coordinated with their horizontal construction team. This allows for reduced construction/delivery time through factory efficiency.
Nelson Funding is an expert at arranging construction loans for land development, single family, multifamily, and commercial projects. With a wide capital base of banks, credit unions, life insurance, companies, private debt funds, hedge funds, family offices, and private investors the team at Nelson Funding has deep relationships and the ability to structure construction loans that work for our clients.
Nelson Funding is a nationwide commercial loan broker and correspondent lender helping borrowers get the best possible financing for their respective projects. Nelson Funding has provided financing for over 80 projects and placed more than $600mm of capital. Nelson Funding has the experience to get almost any project funded: from new construction to cash-out refinances, land development, and more. Nelson Funding specializes in construction funding, bridge funding, and conventional term financing products.
Nelson Funding remains committed to helping our clients secure the best financing for their respective commercial real estate projects despite a rising interest rate environment and tightening lending standards. With Nelson Funding’s capital market relationships and highly experienced team we are still placing high leverage debt for all deal types including land development, single family construction, multifamily construction, industrial, office, retail, hospitality, special-use, cannabis and more.