We are thrilled to announce the successful closing of a significant new project arranged by Nelson Funding!
We recently secured a 75% LTV/LTC construction loan for an exciting new development in the heart of Salt Lake City, Utah. Our client will be building a 15-unit mixed-use building, featuring a vibrant commercial space on the ground floor and 14 modern condo units on the top floor.
This strategic partnership with a reputable credit union in Salt Lake City will bring a fresh and dynamic addition to the community. The new development will offer a diverse mix of commercial opportunities and high-quality residential living, contributing to the growth and vitality of the area.
At Nelson Funding, we are dedicated to providing tailored financing solutions and leveraging our expertise to support our clients’ ambitious projects. We are proud to be part of this venture and look forward to seeing the positive impact it will have on the community.
Congratulations to our client and a big thank you to everyone involved in making this project a reality!
The Nelson Funding team are experts at arranging construction loans for all property types throughout the United States.
As a premier financial partner, Nelson Funding stands out for its tailored solutions and in-depth knowledge of the local market. With a proven track record of facilitating successful projects, our team offers comprehensive support throughout the lending process. Whether you’re embarking on a single-family home build or a multifamily development, trust Nelson Funding to provide flexible financing options and unparalleled industry insights, ensuring your project’s success from concept to completion in the dynamic Utah real estate landscape.”
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.
