Nelson Funding is pleased to announce the successful closing of $2,100,000 in construction financing for five ground-up luxury townhomes in Philomath, Oregon. This transaction highlights our expertise in Oregon homebuilder finance, providing a seasoned developer with the capital necessary to bring high-density residential inventory to the Willamette Valley.
Tailored for an experienced builder with a proven track record, this facility offers the flexibility and speed required for modern multi-unit development. By leveraging our specialized Oregon single family construction loans—adapted for townhome projects—Nelson Funding structured a solution that allows the developer to move seamlessly from site preparation into vertical construction.
Transaction Highlights
- Total Loan Amount: $2,100,000
- Project Type: Five (5) Ground-Up Townhomes
- Location: Philomath, OR (Benton County)
- Borrower Profile: Experienced Regional Homebuilder
- Asset Class: Oregon luxury single family loans (Townhome focus)
- Financing Type: Oregon private lending
Strategic Capital for Townhome Development
As demand for walkable, low-maintenance housing grows in Benton County, townhomes represent a vital sector of the market. For this project, Nelson Funding provided a high-leverage construction facility that bypasses the rigid hurdles of traditional institutional lending, focusing instead on the project’s intrinsic value and the builder’s capability.
Our Oregon single family construction loans and townhome programs are specifically designed for “spec” builds, allowing developers to break ground without the burden of pre-sale requirements. This enables the builder to maximize their return by capturing market-clearing prices upon completion.
“We are thrilled to partner with such a high-caliber builder on this Philomath townhome project,” said Dylan Nelson, Founder and President of Nelson Funding. “Our goal is to be the premier source for Oregon homebuilder finance. By providing Oregon private lending solutions that prioritize speed and builder experience over red tape, we help our clients scale their operations and meet the demand for luxury townhome assets.”
Your Partner for Oregon Residential Development
Nelson Funding specializes in navigating the complexities of the Pacific Northwest real estate market. From single-family estates to townhome subdivisions, we provide the specialized Oregon luxury single family loans that builders need to stay competitive.
Our construction programs feature:
- Flexible Underwriting: Focus on builder experience and townhome project viability.
- Spec-Friendly Terms: No pre-sale requirements for qualified developers.
- Efficient Draw Process: Fast turnarounds to keep subcontractors on-site and the project on schedule.
- Competitive Leverage: High LTC (Loan-to-Cost) to optimize project IRR.
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.
