Projects
Read about some of our past projects and Cetan success stories. We feature 1-2 projects each month here on our blog. For more information or to learn about additional projects we have funded, please contact us.
Multifamily Construction Loan in Portland, Oregon
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...
Quick Residential Cash-out Refinance in Portland, Oregon
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...
Manufactured Home Construction & Installation in Yoncalla, Oregon
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....
Spec Home Construction Loans in Seaside, Oregon
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...
Multi-family Rehab Loan in Cottage Grove, Oregon
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...
Commercial Bridge Loan in Bend, Oregon
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...
Land Development Loan for Small Subdivision in Albany, Oregon
Cetan Funds recently funded a land development loan in Albany, Oregon for a small subdivision. 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....
Duplex Construction Loan in Springfield, Oregon
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...
Commercial Bridge Loan for Special-Use Building in Eugene, Oregon
Cetan Funds recently funded a commercial bridge loan in Eugene, Oregon 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...
Duplex Bridge Loan in Eugene, Oregon
Cetan Funds recently funded a duplex bridge loan in Eugene, Oregon 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...
46-Lot Subdivision Construction Loan in Sweet Home, Oregon
Cetan Funds recently provided funding for a new 46-lot subdivision construction loan 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...
Purchase and Rehab of Mixed-Use Commercial Building in Portland, Oregon
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...
Commercial Bridge Loan for Quarry Purchase in Molalla, Oregon
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...
Residential Ground-Up Construction in St. Helens, Oregon
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...
Residential Bridge Loan in Newport, Oregon
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...
Cash-Out Refinance Commercial Bridge Loan on a Farm near Eugene, Oregon
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...
Spec Home Construction Loan in Sweet Home, Oregon
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...
Condo Fix and Flip in Beaverton, Oregon
Cetan Funds recently funded another fix and flip 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 and...
Fix and Flip with Cluster Subdivision in Medford, Oregon
Cetan Funds recently funded a fix and flip 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 original...
Residential Rehab Loan in Veneta, Oregon
Cetan Funds provided a residential rehab loan to local real estate investors doing a 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 owners....
Rental Property Bridge Loan in Springfield, Oregon
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...
Apartment Complex Rehab in Coquille, Oregon
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...
Fix and Flip in Grants Pass, Oregon
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...
Cluster Subdivision in Eugene, Oregon
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...