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.
Boutique Hotel Renovation in Lincoln City, Oregon
Cetan Funds recently financed a boutique hotel renovation 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 working throughout...
Duplex/Condo Bridge Loan in Cannon Beach, Oregon
Cetan Funds recently funded a duplex/condo 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...
Commercial Refinance in Springfield, Oregon
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...
Investment Property Bridge Loan in Portland, Oregon
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...
Multi-Family Bridge Loan in Salem, Oregon
Cetan Funds recently funded a multi-family bridge loan for the owners of a 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...
Spec Home in Silverton, Oregon
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...
Spec Home Construction in Sweet Home, Oregon
Cetan Funds recently funded a spec home construction loan 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...
Fix and Flip in Medford, Southern Oregon
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...
Acquisition and Development of New Subdivision in West Linn, Oregon
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...
Rental Property Purchase in The Dalles, Oregon
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...
Triplex Construction in Newport, Oregon
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 this triplex construction...
Storage Facility Expansion in Eugene, Oregon
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...
Residential Land Purchase in Bend, Oregon
Cetan Funds recently funded the acquisition of a residential lot for a local builder. The financing we provided for this purchase will give this builder the time he needs to decide whether to sell the land or build it out. Loan Purpose Land Acquisition and Development...