Nelson Funding Closes St George Utah Land Development Loan

21 Sep Nelson Funding Closes St George Utah Land Development Loan

Nelson Funding is proud to announce the recent closing of a $2,638,500 land development loan in St. George, Utah. The land development loan will be used to complete horizontal construction for 24 single family lots in the fast growing market of St. George, Utah. The Nelson Funding team was able to secure competitive bank financing at 70% LTC at Prime + 1.5%. If you’re in need of land development financing, please reach out to our team at 801-845-0092 or loans@nelsonfunding.com for a free consultation.

Nelson Funding is a leader in arranging land development loans in Utah and with our local knowledge were able to secure highly competitive loan options.

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.

If you have a scenario you would like us to review, send us an email at loans@nelsonfunding.com or visit our webpage nelsonfunding.com.