29 Oct Utah Warehouse Loan Closing
Utah Commercial Real Estate Loans: Nelson Funding is pleased to announce the closing of a $1,925,000 loan to purchase a warehouse loan in Salt Lake City, UT. The loan represents a 70% LTV mortgage with a 15-year term. The borrower plans to hold the property for the long term and take advantage of a hot Utah commercial real estate market.
Whether you are developing land or taking a project vertical, Nelson Funding has financing options to fit your project. On select deals, we also have the ability to structure a LP equity or mezzanine debt opportunity. With a team conveniently located in Salt Lake City, we have the market experience and knowledge to provide our clients the best financing terms possible.
For your next Utah Commercial Real Estate Loan, let our team provide various financing options to help maximize your profits. Our team can guide you through the financing process and make it easy for you to focus on your business.
ABOUT US:
Nelson Funding is a leader in providing financing for Utah commercial real estate properties including land, hotels, apartments, retail, industrial and more throughout Salt Lake City and Utah. Nelson Funding has creative solutions including a correspondent line allowing our clients to get leverage as high as 90% LTC with rates at 7-9%. Our team will work around the clock to get a deal funded and will go the extra mile to secure the best terms possible.
Nelson Funding is a nationwide commercial loan broker and correspondent lender helping borrowers get the best financing for their respective projects. Nelson Funding has provided financing for over 75 projects and placed more than $500mm of capital. Nelson Funding has the experience to get almost any project funded: from new construction to cash-out refinances, land development, and more. If you have a scenario you would like us to review, send us an email at loans@nelsonfunding.com or visit our webpage