We are thrilled to announce the successful closing of a $1,295,000 cash-out refinance for the completion of an upscale bar and restaurant in the heart of New Braunfels, Texas. This exciting project is set to elevate the local dining and entertainment scene, bringing a modern and vibrant venue to this thriving community. Our team was able to quickly source a competitive financing for our client via our deal platform, Direct Money Market.
The funds from this refinance will be used to finish the construction, ensuring that every detail aligns with the vision of creating an unforgettable experience for guests. With its prime location and thoughtfully designed atmosphere, this establishment will soon be a landmark for both locals and visitors.
Congratulations to the team behind this project, and we look forward to seeing the grand opening of this beautiful space in the near future.
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.
