Projects

Cetan Funds recently funded a fix and flip loan in Springfield, Oregon. This was the fourth flip for these borrowers. The property was in poor condition and needed plenty of TLC, although most of the work needed was cosmetic. They purchased the property in March 2022....

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...

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...

Cetan Funds recently funded a cash-out refinance of a rental property in Portland, Oregon 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 owned a townhome in...

Cetan Funds recently funded a loan for the construction and installation of two new manufactured 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...

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...

Cetan Funds recently funded a multi-family rehab loan in Cottage Grove, Oregon. The borrowers had purchased this 17-unit apartment complex off-market at a heavily discounted price and their original plan was to gradually rehab the units using the cashflow of the...

Cetan Funds recently funded a residential bridge loan in Eugene, Oregon. The borrowers had previously lived in the home and had recently relocated to California. They owned the property free and clear, wanted to do a few improvements and planned to turn it into a...

Cetan Funds recently funded a commercial bridge loan in Bend, Oregon. The borrower owned a 40-acre parcel with a large shop and other facilities where he operated his business. He needed a lender who could close quickly, provide him cash-out to help fund the coming...

Cetan Funds recently funded a fix and flip loan in Portland, Oregon for a couple of first-time investors. This project is a partnership between two long-time friends, one of which is a general contractor doing much of the work himself. The renovations will include...

Cetan Funds recently funded a land development loan for a small subdivision in Albany, Oregon. This project is a partnership between an investor and a general contractor/homebuilder. Together they now own a lot that they are in the process of subdividing into 4 lots....

Cetan Funds recently funded a duplex construction loan in Springfield, Oregon for a local real estate investment company. The investors plan to have the duplex built and rented within 6-8 months and will quickly seek more permanent financing upon completion. Cetan...

Cetan Funds recently funded a commercial bridge loan for a local business to acquire a residential property that was previously used as a small, private elementary school. Given the classification of this property as a special-use asset, the commercial bank they were...

Cetan Funds recently funded a bridge loan for an investor to quickly purchase a duplex just down the road from his primary residence. This property was a dream come true acquisition for this investor. Given its location, he would be able to self-manage the property...

Cetan Funds recently funded a construction loan on a new 46-lot subdivision development in Sweet Home, Oregon. This loan will provide financing for the infrastructure and land development work as the builder installs roads and utilities. Additionally, the builder...

Cetan Funds recently funded a loan for the purchase and rehab of a mixed-use commercial building in Portland, Oregon. This building is located on a main arterial in a rapidly growing area of Portland and is surrounded by bustling shops and restaurants. Our borrower...

Cetan Funds recently funded another fix and flip project in Eugene, Oregon. This time the investors found a great opportunity with a property only needing primarily cosmetic repairs. The home sits on a large corner lot with potential for a future land partition or...

Cetan Funds recently funded a commercial bridge loan for the purchase of a quarry in Molalla, Oregon. 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...

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...

Cetan Funds recently funded a bridge loan on an investment property 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...

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...

Cetan Funds recently funded another spec home construction loan 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...

Cetan Funds recently funded another fix and flip project in Beaverton, Oregon, a suburb of Portland. This investor needed financing for a quick rehab project on a small condo. These condominiums are in very high demand, but many are outdated and in need of upgrades...

Cetan Funds recently funded a fix and flip project in Medford, Oregon, which also included a small cluster subdivision. The property was a large parcel with an existing home in disrepair. The borrowers, who are skilled contractors, will preserve small portions of the...

Cetan Funds provided financing for local real estate investors doing a residential rehab project on a single-family home in Veneta, just west of Eugene, Oregon. When the borrowers purchased the property, it was in disrepair after years of neglect from the prior...

Cetan Funds recently funded another fix and flip in Portland, Oregon. This older bungalow-style home in Northeast Portland needed a complete renovation. This flip was executed by an experienced group of investors in partnership with a general contractor they work with...

Cetan Funds recently funded a rental property bridge loan in Springfield, Oregon. The investor was in the process of buying another investment property. The bank financing the purchase of the other property was too slow and could not fund the loan before his closing...

Cetan Funds recently funded an apartment complex rehab project in Coquille, Oregon. This multi-family purchase and rehab project included the renovation of 19 units formerly used as a senior living facility. The property was in need of major repairs with a collapsing...

Cetan Funds recently funded another fix and flip in Eugene, Oregon. This project included a simple land partition so the borrowers could split off a portion of the acreage to hold for a future development project. The existing home was rehabbed beautifully and once...

Cetan Funds recently funded a fix and flip in Grants Pass, OR. The loan funded the purchase and rehab of a distressed property owned by Fannie Mae. The borrowers hired a licensed contractor to completely remodel the interior and clean-up and repair the exterior. The...

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...

Cetan Funds recently funded a fix and flip in Springfield, OR. The loan funded the purchase price while the borrowers, who are experienced and repeat clients, funded the rehab. The major renovations were completed within the first 60 days. The property was sold for a...

Cetan Funds recently funded a cash-out refinance for the rehab of a four-plex in Monroe, Oregon. The borrower had equity in this investment property and hired contractors to do cosmetic repairs and updates to all 4 units when they became vacant. Work was completed in...

Cetan Funds recently funded a cash-out refinance on over 750 acres of forestland near Creswell, Oregon. The borrower will be using the loan to purchase equipment for business operations and fund infrastructure improvements to one of the parcels. Eventually the land...

Cetan Funds recently financed the purchase and renovation of a boutique hotel in Lincoln City, Oregon. The borrowers, who are experienced hotel operators, will renovate the property to make it a unique destination for visitors on the Oregon Coast. Cetan will also be...

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 exchange funds). Cetan...

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 rather than a...

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...

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% complete, with only...

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...

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 had an...

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 property sold by Summer of...

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 overlook a beautiful...

Cetan Funds recently funded a Southern Oregon fix and flip loan for the purchase and rehab of a single-family home in the hills of East Medford. Prior to contacting Cetan Funds, the investor ran into funding troubles with another lender. Cetan Funds was able to...

Cetan Funds recently funded an acquisition and development loan for the purchase of a large parcel recently annexed by the city of West Linn, Oregon, to create a new subdivision. The investors needed a bridge loan to purchase the land and go through the subdivision...

Cetan Funds recently funded a rental property purchase in The Dalles, Oregon. The buyers needed a bridge loan due to personal circumstances and also had a short time-frame to close. We were able to give them the financing they needed so that they could acquire the...

Cetan Funds recently funded a triplex construction project in Newport, Oregon. The finished units will be three stories featuring ocean views, private rooftop terraces and high-end finishes. The builder plans to seek permanent financing once construction is complete...

Cetan Funds recently funded a subdivision development with a 6-lot cluster and 3 existing homes. We financed the infrastructure and 6 spec homes. The first existing home will be brought to market at the end of September and construction on the spec homes is currently...

Cetan Funds recently funded a fix and flip loan for the acquisition of a 1-acre residential parcel for a local developer. The developer plans to fix and flip the existing home and auxiliary dwelling. The rest of the lot will be partitioned into 5 separate lots for...

Cetan Funds recently provided funding to an experienced builder using a spec residential construction loan to complete the construction of a spec home.  The financing gave this builder the capital he needed to bring the house to market. Loan Purpose Residential...

Cetan Funds recently funded a storage facility expansion in Eugene, Oregon. We financed the ground-up construction and the project added 22 new RV-size storage units to the existing facility. After construction was complete, the project stabilized and was successfully...

Cetan Funds recently funded the acquisition of a residential lot for a local builder. The financing we provided for this residential land purchase will give this builder the time he needs to decide whether to sell the land or build it out. Loan Purpose Residential...