Nelson Funding is pleased to announce the successful closing of a $1,168,871 construction loan to complete a premier luxury single-family residence in Boring, Oregon. This transaction highlights our continued expansion in the Pacific Northwest and our commitment to providing high-leverage Oregon homebuilder finance for high-end residential projects.
The facility was structured to provide the developer with the remaining capital necessary to move through the final stages of vertical construction and interior finishing. By securing this luxury single family spec construction loan, the borrower can ensure the project maintains its high standard of craftsmanship while staying on schedule for a peak-market listing.
Transaction Highlights
- Loan Amount: $1,168,871.00
- Property Type: Luxury Single-Family Residence (SFR)
- Location: Boring, OR (Clackamas County)
- Loan Purpose: Construction Completion / Vertical Build-Out
- Key Financing Class: Oregon SFR spec loans
Targeted Capital for the Oregon Luxury Market
Boring, OR, has become an increasingly attractive destination for luxury buyers seeking acreage and custom estates within reach of the Portland metro area. Because these high-end “spec” builds often fall outside the rigid boxes of traditional bank lending, Nelson Funding specializes in providing flexible debt structures that focus on the asset’s “as-completed” value.
Our Oregon SFR spec loans are designed specifically for projects of this caliber, offering:
- No Pre-sale Requirements: Giving the builder total control over the final listing price and timing.
- Streamlined Draw Process: Ensuring subcontractors are paid promptly to keep the site active and efficient.
- Speed of Execution: Closing the gap when traditional financing timelines threaten project momentum.
“The luxury market in Clackamas County requires a sophisticated approach to debt,” said Dylan Nelson, Founder and President of Nelson Funding. “This $1.16M closing in Boring is a perfect example of how our Oregon homebuilder finance programs empower developers to bring trophy properties to life. We take pride in providing the liquidity needed to take a project from the framing stage to a successful multi-million dollar exit.”
Your Partner for Oregon Residential Construction
Nelson Funding remains a top choice for builders across Oregon seeking specialized luxury single family spec construction loans. From the Willamette Valley to the Cascades, we provide the private capital solutions necessary to scale your building business.
Our core Oregon programs feature:
- Competitive Leverage: High Loan-to-Cost (LTC) options for experienced builders.
- Spec-Friendly Underwriting: Aggressive terms for luxury homes in growing submarkets.
- Certainty of Execution: Transparent terms and reliable funding from start to finish.
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.
