by Zach Smith | Aug 15, 2022 | Past Projects
Cetan Funds recently funded a residential construction loan in Depoe Bay, Oregon. The builder is self-contracting to potentially hold this property as a vacation rental. This speculative build is a 3-story home with stunning views of Boiler Bay, just north of Depoe...
by Zach Smith | Jul 15, 2022 | Past Projects
Cetan Funds recently funded a multifamily construction loan in Portland, Oregon. The developer had approved permits for a 12-unit apartment complex in SE Portland. He needed a lender with a streamlined process who could close fast and help the project get built...
by Zach Smith | Jun 15, 2022 | Past Projects
Cetan Funds recently funded a cash-out refinance in Portland, Orgeon for the purchase of a rental property for a local business owner. The borrower and his business had unfortunately been hit hard by the pandemic-related restrictions and shutdowns. He and his wife...
by Zach Smith | May 15, 2022 | Past Projects
Cetan Funds recently funded a manufactured home construction and installation loan for two new homes in Yoncalla, Oregon, about halfway between Eugene and Roseburg. When our borrower acquired this property, it had an old manufactured home on it of little to no value....
by Zach Smith | Apr 15, 2022 | Past Projects
Cetan Funds recently funded two spec home construction loans in Seaside, Oregon. The investors on these projects have been purchasing lots in a highly desirable new subdivision in the hills on the east side of town. They are building homes to sell upon completion with...