Cetan Funds recently funded a residential bridge loan secured by a duplex property in Adair Village, Oregon, near Corvallis and Albany. The borrower had successfully split the original duplex into two separate units that could be sold and financed independently, creating an opportunity to maximize value through individual dispositions.
The property is located in a small town just north of Corvallis, with strong proximity to Oregon State University and consistent demand for smaller residential units. With the legal and physical separation already completed, the borrower was positioned to begin executing individual unit sales.
At the time of funding, one unit was already under contract. However, the existing lender was slow to respond to a request for a partial release, putting the pending sale at risk. Timing was critical, and the borrower needed a lender capable of moving quickly to preserve the transaction.
This was a clear fit for private money. Our bridge loan paid off the existing lender in full, eliminating the bottleneck and allowing the borrower to close on the first unit. At the same time, the structure provided flexibility to market and sell the second unit without delay.
Have a deal where timing or lender responsiveness is putting your exit at risk? Cetan Funds provides fast, flexible bridge financing to help investors execute on time-sensitive opportunities.
At Cetan Funds, we provide bridge financing for residential properties where value can be unlocked through repositioning, sale, or refinance. This includes scenarios like unit splits, partial releases, and staged dispositions where traditional lenders may struggle to keep pace.
Our loans are built for execution. We focus on the borrower’s plan, the asset, and the path to exit, not rigid processes that slow deals down. When timing matters, we move quickly to remove obstacles and keep transactions on track.
For borrowers navigating complex or time-sensitive situations, we structure short-term loans that provide clarity, control, and speed through the finish line.
Location
Adair Village, Benton County, Oregon
Loan Terms
$530,000 at 12.0% interest only for 6 months
