Cetan Funds recently funded a land development construction loan for the infrastructure of a 9-lot cluster subdivision in Eugene, OR. This project, helmed by an experienced local builder and repeat borrower of Cetan Funds, will ultimately lead to the build-out of 9 single-family townhomes.

Loan Purpose

Land Development

Location

Eugene, Lane County, Oregon

Loan Terms

$635,000 at 12% interest for 18 months