NEWS
Reverse 1031 Improvement Exchange in Eugene, OR
Cetan Funds recently funded a loan for a Reverse 1031 Improvement Exchange in Eugene, OR. The borrower needed to start construction on a new single-family rental prior to closing the sale of an older rental property (i.e. the source of the 1031…
Read More »Duplex/Condo Bridge Loan in Cannon Beach, OR
Cetan Funds recently funded a bridge loan for a borrower converting a duplex rental property into two condominiums. The borrower’s existing lender would not allow the conversion and was not willing or able to see the increased value of having two condos…
Read More »A Gift for Homes for Good
Homes for Good is a Lane County housing agency that helps people with low or no incomes find homes. They have been doing this since 1949, providing Section 8 vouchers, building and managing affordable housing, and connecting people with housing services. (Prior…
Read More »Commercial Refinance in Springfield, OR
Cetan Funds recently funded a commercial refinance in Springfield, OR. This loan provided the owner some cash-out to fund renovations on another investment property and pay-off another debt. His company, which owns several buildings in the area, had sufficient rental cash flow…
Read More »Investment Property Bridge Loan in Portland, OR
Cetan Funds recently funded an investment property bridge loan in Portland, OR. This loan was a refinance on a new build for a very active investor with a large portfolio. This single family property with a basement accessory dwelling unit was 95%…
Read More »Salem Multi-family Bridge Loan
Cetan Funds recently funded a bridge loan for the owners of a multi-family property in Salem, OR. This second-lien cash-out refinance helped these investors get the capital they needed to purchase another investment property in California. They will either sell the property…
Read More »A Gift for the Cascades Raptor Center
In 2017, we made our inaugural Community Giving donation to the Cascades Raptor Center, paying homage to the spirit animal of our company (Cetan is the word for ‘hawk spirit’ in Lakota mythology). This winter they need donations more than ever as…
Read More »Spec Home in Silverton, OR
Cetan Funds recently funded the construction of a spec home in Silverton, Oregon. The builder will be building a moderate to high-end single family home in a new and popular subdivision. This borrower needed to purchase the lot and fund construction. He…
Read More »Fix and Flip in South Eugene, OR
Cetan Funds recently funded a fix and flip in South Eugene, OR. The loan helped a couple purchase the property from an online foreclosure auction. The borrowers will be funding a full renovation of the property and are aiming to have the…
Read More »Spec Home in Sweet Home, OR
Cetan Funds recently funded the construction of a spec home in Sweet Home, Oregon. The builder will be building a spacious home with high-end finishes to eventually refinance and hold as a rental in a new subdivision. The homes in this subdivision…
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