Mailing Address:
222 Main St Suite 500,
Salt Lake City, UT 84101
Phone:
801-845-0092
Last Updated: May 11, 2026
Nelson Funding provides construction loans, bridge financing, and permanent financing for commercial real estate projects across Iowa. We work with developers, investors, and business owners in Des Moines, Cedar Rapids, Davenport, Sioux City, and throughout the state.
Financing commercial real estate in Iowa requires understanding local market dynamics and having access to flexible capital. Whether you’re building in Des Moines metro, acquiring property in Cedar Rapids, or repositioning assets in Waterloo, you need a lender who can structure terms around your project timeline.
Ground-up construction financing for new commercial developments across Iowa.
We fund multifamily apartments, industrial warehouses, retail centers, office buildings, and mixed-use projects. Our construction loans include flexible draw schedules, interest-only payments during construction, and loan amounts from $2 million to over $100 million. Common projects include developments in Des Moines and Davenport, industrial facilities in Cedar Rapids area, and commercial buildings in Council Bluffs. We finance deals throughout Iowa including markets where banks require local branch relationships.
Short-term financing for acquisitions, stabilization, and value-add improvements.
Bridge loans solve timing problems. Close an acquisition in three weeks. Fund property improvements while you stabilize occupancy. Fill the gap between construction completion and permanent financing eligibility. Terms range from 12 to 36 months with interest-only payments and flexible prepayment options. Common uses include lease-up financing, value-add renovations, tenant improvements, and fast-close acquisitions.
Long-term fixed-rate financing for stabilized income-producing properties.
Once your property is leased and operating, permanent financing locks in long-term debt at predictable rates. We arrange permanent loans for multifamily, office, retail, industrial, and mixed-use properties with proven cash flow. Terms range from 5 to 30 years with competitive fixed rates.
We work with experienced investors and developers throughout Iowa who need financing that traditional banks cannot provide.
We work with experienced investors and developers throughout Iowa who need financing that traditional banks cannot provide.
Initial loan feedback within 48 hours. Close transactions in 7 to 14 days when documentation is ready.
Loans from $1 million to $100M+ customized to your project timeline and cash flow requirements.
Multifamily, industrial, office, retail, hospitality, mixed-use, and specialty commercial properties.
We finance projects in Des Moines, Cedar Rapids, Davenport, and throughout Iowa including secondary markets.
We work with experienced investors and developers throughout Iowa who need financing that traditional banks cannot provide.
Initial loan feedback within 48 hours. Close transactions in 7 to 14 days when documentation is ready.
Loans from $1 million to $100M+ customized to your project timeline and cash flow requirements.
Multifamily, industrial, office, retail, hospitality, mixed-use, and specialty commercial properties.
We finance projects in Des Moines, Cedar Rapids, Davenport, and throughout Iowa including secondary markets.
Traditional banks use committee approvals and conservative underwriting. We make decisions quickly and structure loans around project economics and sponsor experience.
| Feature | Nelson Funding | Iowa Banks |
|---|---|---|
| Approval Time | 7 to 14 days | 45 to 90 days |
| Loan Amounts | $1M to $100M+ | Limited by branch caps |
| Loan Terms | Customized to project | Standardized products |
| Property Types | All commercial asset classes | Basic commercial only |
| Markets Served | Statewide including rural areas | Require local presence |
Des Moines benefits from insurance and financial services with stable office demand. Cedar Rapids and Quad Cities see manufacturing activity. University towns support multifamily and mixed-use development.
Des Moines and Cedar Rapids anchor Iowa's commercial real estate activity with diverse property sectors and institutional investment.
I-80 corridor and agricultural logistics drive demand for industrial and logistics properties. Multifamily development remains active in Des Moines metro.
Markets like Waterloo, Council Bluffs, and Ames offer value-add opportunities and lower barriers to entry for experienced developers.
See Our Recently Funded Commercial Loans
Nelson Funding recently closed a $28,818,000 construction loan revolver to fund a 65-home single-family subdivision in Galt, California. The facility...
View Deal: Nelson Funding Closes $28,818,000 Construction Revolver for 65-Home Subdivision in Galt, CA
Nelson Funding recently closed a $1,135,000 bridge loan secured by an office/retail asset, the Heber Sawmill project, in Heber, Utah. From approval t...
View Deal: Nelson Funding Closes $1,135,000 Office/Retail Bridge Loan in Just 5 Days in Heber, UT
Nelson Funding recently closed a $16,575,000 facility secured by a special-use commercial asset. At the borrower's request, the location and sponsor ...
View Deal: Nelson Funding Closes $16,575,000 Financing for a Special-Use Asset (Confidential Transaction)What’s Driving Real Estate Growth in Iowa
We finance multifamily apartments, office buildings, industrial warehouses, retail centers, hospitality properties, and mixed-use developments. Each project gets evaluated based on location, sponsor experience, and market fundamentals rather than rigid property type restrictions.
We provide initial feedback within 48 hours and issue loan commitments within 7 to 14 days. Actual closing depends on title work, appraisals, and legal documentation, but we prioritize speed when you need fast execution.
Yes. We finance projects throughout Iowa including Waterloo, Council Bluffs, Ames, and other secondary markets. We evaluate each project on its specific merits rather than only lending in Des Moines and Cedar Rapids.
Yes. Construction loans are central to what we do. Our construction program includes interest reserves, flexible draw schedules matching contractor payment applications, and the ability to finance complex projects with phased timelines.
Banks require 45 to 90 days for approvals, offer standardized products, and limit loan amounts. We make decisions in 7 to 14 days, customize terms to project needs, and finance deals that don't fit traditional underwriting boxes.
Whether you're developing multifamily in Des Moines, acquiring industrial property in Cedar Rapids area, or repositioning commercial assets in Davenport, we can structure financing for your project.