We've been lending in Oregon since 2010
In 2017, Oregon came in second on a list of most desired states to move to. Since then, more people have continued to move to Oregon than move out of the state. Cities seeing rapid growth include Bend, Happy Valley, Hillsboro, Molalla, and Oregon City. We’ve financed a variety of asset types in the state, including everything from private construction loans in Portland to real estate development loans in Bend.
Our Oregon lending team observes the market variations of the region and will be your partner from day one through the completion of your project. All our loans are backed by thorough, in-house underwriting, a solid understanding of the local market, fair pricing, and the best of service.
Our lending commitments:
Loan-to-value ratio: up to 65% of the after repair value
Commitment in as little as 48 hours
Loans from $500,000 to $50 million
No upfront fees
No prepayment penalties
Funding typically within 5 days of commitment
Designed for vertical construction of projects such as multi-family housing, single-family housing, commercial, office, and industrial buildings, our construction loans are underwritten against the completed value of your project so you have more funding flexibility.
Our land development loans provide funding for the soft costs and entitlements required for development, such as hiring architects, engineers, and environmental and other consultants.
We provide interim, or short-term, funding to cover the gap between when a construction loan comes due and long-term financing can be arranged. We base our loans on the completed value of the project, minimizing additional equity or cash requirements.
Designed for major improvements on multi-family units as well as commercial, office, hospitality, and industrial buildings, our rehab loans cover major upgrades such as tenant improvements, studs-out remodels, expansions, and redevelopment.
We finance construction loans and development loans in the following Oregon counties:
Baker, Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Grant, Harney, Hood River, Jackson, Jefferson, Josephine, Klamath, Lake, Lane, Lincoln, Linn, Malheur, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Umatilla, Union, Wallowa, Wasco, Washington, Wheeler, and Yamhill.
Our Oregon Loan Expert
Construction loans are very much a partnership. Our relationship doesn’t end the day documents get signed. Whether negotiating with a third-party lender, ensuring adequate reserves for maintenance and repairs, or addressing environmental concerns, we will be your advocate throughout the process and do everything in our power to get you the loan you need.
Ryan Good serves in business development and origination capacity for Broadmark Realty Capital. Ryan began his career in investment management and was a co-founder of the Oregon State Investment Group. Ryan has worked in several capacities in commercial real estate, including in multifamily investment brokerage, land acquisitions, and project management, as well as for a multi-national real estate data and analytics company.
Outside the office, Ryan enjoy golfing, camping in the Pacific Northwest, and spending time with his wife and her side of the family in Guadalajara, Mexico.
Doug Swafford serves in a business development and origination capacity for Broadmark Realty Capital covering Oregon and Southwest Washington. Doug has 25 years of combined work experience including roles such as title officer, lender and residential sales, land development/builders services, GIS marketing and consulting, as well as a financial planner and insurance agent.
Outside the office, Doug enjoys spending time with his wife Miriam and teenage son Liam. As a family, we enjoy outdoor activities and weekend trips. I enjoy spending time in the kitchen. I have a passion for cooking both American and Chinese food.
Highest Degree of Leverage
We loan against the completed value of your project, with no loan-to-cost requirements. As a result, we can provide more funding for your project than a bank can and that means more flexibility for you.Speed / Convenience
We can close as quickly as 5 days, and draws are wired within one to two business days after inspection approval. Banks can take months to review a typical real estate project. In that time, our clients’ projects are already underway and on the way to realizing profits.
Unmatched Industry Expertise
We’ve closed approximately $2.8 billion in project capital over more than 1,200 loans (and counting). Our level of construction market intelligence is second to none.In-House Manual Underwriting
We evaluate every deal on its own merits and are faster and more flexible in the evaluation process than traditional financing such as banks. You’ll typically get feedback within the same day of your request and a term sheet within as little as 24 to 48 hours.
Let us know how we can help you complete your next project.
Phone: (206) 971 – 0800
Office: 1420 Fifth Avenue,
Suite 2000, Seattle, WA 98101
I really appreciate all you did for us. Having our original construction loan mature before we were qualified for conventional financing could have cost us our business. You stepped up and helped us. I would recommend you in the future without hesitation!
(206) 971 – 0800
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