Mailing Address:
222 Main St Suite 500,
Salt Lake City, UT 84101
Phone:
801-845-0092
Last Updated: January 22, 2026
Nelson Funding provides construction loans, bridge financing, and permanent financing for commercial real estate across Utah's Wasatch Front, Utah Valley, and statewide markets. We finance projects in Salt Lake City, Provo, Orem, West Jordan, Sandy, Lehi, Park City, St. George, and throughout the state.
Utah’s commercial real estate market combines sustained population growth, a business-friendly regulatory environment, and one of the nation’s fastest-growing tech sectors. Whether you’re building multifamily housing in Silicon Slopes, acquiring industrial space along the I-15 corridor, or developing mixed-use projects in downtown Salt Lake City, your financing needs to match the pace of opportunity.
Traditional banks struggle with Utah’s unique market dynamics. Rapidly appreciating land values, compressed construction timelines, and tech-sector driven demand require lenders who understand local fundamentals and can close quickly. We finance the deals banks decline: ground-up construction in emerging submarkets, value-add repositioning in transitioning neighborhoods, and acquisitions requiring certainty of execution.
For Ground-Up Development
New construction financing for commercial projects across Utah's high-growth markets. Utah's development pipeline remains active despite national headwinds. We fund multifamily projects in Draper, Herriman, and Eagle Mountain, office buildings serving the Silicon Slopes tech corridor, industrial warehouses in West Valley City and West Jordan, retail centers in master-planned communities, and mixed-use developments in downtown Salt Lake City and Sugar House. Our construction loan program includes interest-only payments during the building phase, flexible draw schedules matching contractor milestones, loan amounts from $2 million to over $100 million, and the ability to finance projects where banks require excessive pre-leasing or equity contributions. Common projects include workforce housing developments targeting Utah's growing population, tech campus buildouts in Lehi and Draper, industrial facilities serving e-commerce distribution, and hospitality assets in Park City and St. George.
For Acquisitions and Repositioning
Short-term financing solutions for time-sensitive opportunities across Utah markets. Bridge loans solve timing challenges that kill deals. You've identified an acquisition in South Jordan but need to close in 21 days before another buyer steps in. You're repositioning an older office building in Murray into creative workspace but need capital to execute renovations before permanent financing becomes available. You've completed construction on a multifamily project in Vineyard but occupancy sits at 70% and permanent lenders want 90%. We structure bridge loans with terms from 12 to 36 months, interest-only payment options, extension provisions based on project performance, and the flexibility to fund additional capital for property improvements or tenant buildouts. Bridge financing works well for lease-up stabilization after construction completion, value-add renovations requiring 12 to 24 months of execution time, acquisitions needing fast closings without appraisal or environmental contingencies, and gap financing while you achieve debt service coverage ratios required by permanent lenders.
For Stabilized Assets
Long-term fixed-rate financing for income-producing commercial properties throughout Utah. Once your property is leased and operating with consistent cash flow, permanent financing locks in long-term debt at predictable rates. We arrange permanent loans for multifamily communities in Provo, Orem, and Utah County, office buildings in downtown Salt Lake City and suburban markets, retail centers along Utah's major commercial corridors, industrial assets serving logistics and distribution, and mixed-use developments combining residential, retail, and office components. Our permanent loan program provides terms from 5 to 30 years, competitive fixed rates based on property performance and market conditions, loan amounts up to 75% of stabilized value, and the ability to close without the delays common in agency or CMBS executions.
Helping Businesses and Investors Fund Their Next Project
Nelson Funding is a trusted commercial real estate lender offering construction loans, bridge loans, and permanent financing throughout Utah. We help developers, investors, and business owners secure competitive funding for projects of all sizes—from ground-up developments to stabilized assets.
Loan amounts from $1M – $100M+
Fast approvals & funding tailored to local real estate markets
Competitive rates & flexible terms
Financing for multifamily, office, industrial, retail, and mixed-use properties
Deep Understanding of Utah's Commercial Real Estate Market. We've financed projects across Utah's diverse submarkets and understand what drives value in each.
Salt Lake City, Sandy, South Jordan, West Jordan, and West Valley City continue adding population and employment. We understand neighborhood transitions, zoning complexities, and which submarkets offer the best risk-adjusted returns for different property types.
Lehi, Draper, and South Jordan form the heart of Utah's tech corridor. We finance office buildings, mixed-use campuses, and workforce housing serving this sector. We know which tech tenants drive institutional interest and how to structure financing around corporate lease terms.
Provo, Orem, Vineyard, Spanish Fork, and surrounding communities benefit from university presence, growing tech sector, and residential expansion. We finance multifamily, student housing, retail, and mixed-use projects tailored to Utah Valley demographics.
Park City, Deer Valley, and surrounding resort communities have unique financing requirements. We understand hospitality underwriting, fractional ownership structures, and seasonal cash flow patterns that banks struggle with.
St. George ranks among the fastest-growing metros in the United States. We finance multifamily, retail, medical office, and hospitality projects in Washington County and surrounding areas experiencing population influx from California, Nevada, and other Western states.
Preliminary loan terms within 48 hours after reviewing project details. Full approval and commitment within 7 to 14 days. We move at the speed Utah's market demands.
Loan amounts from $1 million to over $100 million. Terms customized around your project timeline, not rigid bank products. We structure debt based on project economics and your experience as a sponsor.
We finance multifamily apartments and condominiums, office buildings from Class A downtown to suburban flex space, industrial warehouses and distribution facilities, retail from neighborhood centers to power centers, hospitality including hotels and resort properties, and specialty assets.
We finance projects in Salt Lake County, Utah County, Davis County, Weber County, Washington County, and throughout Utah including rural and tertiary markets where banks lack presence.
Nelson Funding vs. Local and Regional Banks. Utah banks serve an important role for straightforward deals with long timelines. We work with experienced developers and investors who need speed, creativity, and execution certainty.
| Feature | Nelson Funding | Utah Banks |
|---|---|---|
| Approval Timeline | 7 to 14 days to commitment | 45 to 90 days through committee process |
| Loan Amounts | $1M to $100M+ per transaction | Limited by branch lending authority |
| Loan Structure | Tailored to project cash flow and sponsor experience | Standardized products with rigid terms |
| Property Types | All commercial asset classes including complex deals | Preference for stabilized, conventional properties |
| Geographic Flexibility | Finance in all Utah markets including rural areas | Concentrated in Wasatch Front, limited elsewhere |
| Construction Draws | Flexible draw schedules matching project needs | Rigid inspection and documentation requirements |
| Prepayment Terms | Negotiable based on loan structure | Often include yield maintenance penalties |
What's Driving Development and Investment Activity
Utah consistently ranks among the fastest-growing states with population increasing through both natural growth and domestic migration. The Wasatch Front continues adding residents at rates exceeding most U.S. metros.
The corridor from Lehi through Draper to South Jordan has emerged as a major tech hub. Companies in software, cybersecurity, fintech, and SaaS continue expanding or relocating to Utah.
Utah maintains competitive tax rates, streamlined regulatory processes, and a pro-growth approach to development. The state ranks consistently in the top 10 for business climate.
Utah's position between major West Coast and Mountain West markets makes it strategic for distribution. The I-15 corridor, areas near Salt Lake City International Airport, and communities in Salt Lake and Utah Counties see strong demand.
Park City and Deer Valley rank among North America's premier ski destinations. Southern Utah's national parks drive year-round tourism. Salt Lake City serves as a regional hub for conventions and events.
Markets like Ogden, Logan, Cedar City, and communities along the Wasatch Back offer lower barriers to entry with strong fundamentals. Population growth, university presence, and tourism create opportunities.
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 Utah
We provide financing for multifamily apartments, office buildings, industrial warehouses, retail centers, hospitality, and specialty properties. Each financing request gets evaluated based on location, sponsor track record, project economics, and market positioning.
We provide preliminary loan terms within 48 hours. Full underwriting and commitment typically occurs within 7 to 14 days. We prioritize speed when you need fast execution to secure an acquisition or meet construction deadlines.
Yes. We finance transactions throughout Utah including St. George, Cedar City, Logan, Park City, Moab, and rural markets. We evaluate each project based on its specific fundamentals.
Yes. Our construction loan program includes interest reserves, flexible draw schedules, and funding for soft costs. We work with experienced developers who understand construction management.
Banks typically take 45-90 days and have rigid products. We make decisions in 7-14 days and customize loan terms to match your timeline and exit strategy.
We primarily work with experienced developers, but we evaluate each opportunity individually. Strong projects with solid fundamentals and experienced teams can qualify, even if the sponsor is newer.
We can structure financing that works for your project and timeline.