16 May Closes $2,318,000 Land Bridge Loan In Caldwell, Idaho
Nelson Funding is pleased to announce the recent closing of a $2,318,000 land bridge loan in Caldwell, Idaho. Our team was contacted by a repeat client of Nelson Funding to help arrange a land bridge loan after the lender they were working with backed out of the deal. Our team quickly got to work putting together a deal summary and pre-underwriting the deal. Nelson Funding was able to secure the land bridge loan from a well-known lender based in California who is extremely bullish on the Idaho Commercial Real Estate Market. The California lender worked hand-in-hand with our team at Nelson Funding to quickly supply a term sheet and timely closing. The result was a satisfied client with a new loan term that will allow enough time for a nearby development to be completed which will significantly increase the value of the subject property.
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.
Next time you need commercial real estate financing in the Idaho commercial real estate market, call the experienced team at Nelson Funding. Our team will happily review your commercial real estate project and quickly identify the best capital solutions for your development. If you have a scenario you would like us to review, send us an email at email@example.com or visit our webpage nelsonfunding.com.
Nelson Funding remains committed to helping our clients secure the best financing for their Idaho 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.