Nelson Funding Arranges $3,000,000 Land Loan in Rathdrum, Idaho

12 Aug Nelson Funding Arranges $3,000,000 Land Loan in Rathdrum, Idaho

Nelson Funding is proud to announce the recent closing of a $3,000,000 land bridge loan in Rathdrum, Idaho. The loan is a cash out refinance giving the borrower $3mm to use towards a multifamily project currently in development. Nelson Funding was able to source an approval for the deal in 24 hours and help guide the deal to an extremely fast closing. This loan will lead to a larger multifamily construction loan that will help provide 140+ new rental units in the Spokane MSA.

Nelson Funding excels at funding and arranging quick close bridge and construction loans nationwide through a variety of sources including our credit line, private lenders, banks, credit union, private equity groups, hedge funds, and others. Contact our team at loans@nelsonfunding.com or 801-845-0092 for a free consultation to discuss your deal and explore financing options. Nelson Funding has provided numerous Idaho bridge loans, Idaho multifamily construction loans, and other loan types.

About Us:

Nelson Funding is a nationwide commercial loan broker and direct 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.