by Zach Smith | Apr 30, 2021 | Past Projects
Cetan Funds recently funded a commercial bridge loan in Molalla, Oregon for the purchase of a quarry. The buyers of the quarry had executed a lease-option to buy it at a heavily discounted price, but they discovered only a month before closing that they could not...
by Zach Smith | Mar 28, 2021 | Past Projects
Cetan Funds recently funded another spec home construction loan for residential ground-up construction of two new homes in St. Helens, just north of Portland, Oregon. The developer and his general contractor are building two new spec homes. With high-quality...
by Zach Smith | Feb 28, 2021 | Past Projects
Cetan Funds recently funded a residential bridge loan in Newport, Oregon. The borrower was a real estate broker and investor from California. This investor was buying the property at auction for a heavily discounted price but needed either all cash or a hard money...
by Zach Smith | Feb 5, 2021 | Past Projects
Cetan Funds recently funded a cash-out refinance on a farm near Eugene, Oregon. The borrower was carrying a private note from the original sellers of the property for several years and this loan was coming due. Additionally, he had other business debts that needed to...
by Zach Smith | Jan 5, 2021 | Past Projects
Cetan Funds recently funded another spec home construction in Sweet Home, Oregon. This country style home sits on 2 acres with beautiful views of the countryside and farmland from the top of a small hill. The builder needed a fast, streamlined solution to get the home...
