Funding Success: Nelson Funding Secures $4 Million Bridge Loan for Utah & Wyoming Hotel Portfolio 🔑
Nelson Funding is pleased to announce the successful arrangement of a $4 million hotel bridge loan for a portfolio of properties located in Utah and Wyoming. This strategic financing package achieved two critical objectives for the borrower:
Refinancing and Operational Capital Achieved
The funds provided an essential lifeline by refinancing a maturing note, mitigating immediate financial pressure. Furthermore, the loan delivered crucial cash for operations, enabling the hotel portfolio to maintain stability and plan for future growth. Securing this capital demonstrates our capability to execute complex deals quickly and efficiently.
Your Partner for Commercial Real Estate Finance
As leading commercial loan brokers, Nelson Funding specializes in providing flexible and rapid financing solutions like this for hospitality and other commercial assets. This transaction highlights our expertise in the specialized area of hotel bridge loans, particularly in the Mountain West region, including Utah.
If you are seeking fast, reliable, and tailored financing, consider Nelson Funding. We leverage our network and experience to deliver competitive terms, making us a top choice among Utah hard money lenders and beyond.
Need capital for your next commercial real estate transaction? Contact Nelson Funding today to discuss your financing needs.
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.
