Las Vegas private lender since 2002

Real estate financing for investors and builders

Capella Mortgage makes business-purpose loans secured by investment and commercial real estate. Local underwriting, direct access to decision makers, and a team that knows the Las Vegas market.

Since 1996Lending on Las Vegas real estate
$16M in 5 daysRaised for a single borrower
Under 24 hrsFastest closing with complete documentation*
4.8 starsFrom 39 Google reviews

What we lend on

Business-purpose loans on investment and commercial real estate, from a single flip to a 100-unit subdivision.

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Fix and flip

Purchase and rehab loans for investment homes. Our bread and butter for 24 years.

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Problem deals

Stalled construction, title issues, partnership disputes. We know how to solve them.

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Construction

Ground-up and spec builds, funded in draws tied to construction milestones.

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SFR developments

Subdivisions of 10 to 100 units, funded in tranches so you only pay for what you use.

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Land development

Lots and land held for development. We like land deals.

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Commercial

Retail, office and mixed-use property, including commercial construction.

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Hotels

New construction and remodels, including deals that pair our loan with C-PACE financing.

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Gas stations

We have lent on more than 10 gas station properties.

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Typical terms

Loan amounts$50,000 to $35 million
Rates9% to 14%, with most loans priced 12% to 14%
What sets pricingTypically 3 to 4 points, set by loan-to-value and overall risk
SpeedClosings in as little as 24 hours with complete documentation*

Business-purpose loans only. Every loan is priced on its own property, equity and exit. All loans subject to underwriting and approval.

Why borrowers call Capella

We prefer borrowers who add value to a property, and we are built to move when a deal is time sensitive.

Fast when it matters

We have closed in under 24 hours when documentation was complete.*

Capital on hand

We once raised $16 million for a borrower in 5 days.

Hard deals welcome

Deals other lenders call weird, hard or ugly are the ones we like to solve.

Reachable

Call any day, including weekends. You talk to the people who decide.

Where we lend

Nevada

Las Vegas, Henderson, Pahrump, Mesquite and Reno, where we have funded commercial construction. Residential investment and commercial.

Arizona

Residential investment and commercial property, including Kingman, Bullhead City and Lake Havasu.

Other states

Commercial property only. Call to confirm your location.

Funded in Southern Nevada

Completed modern home in Las Vegas, NVInvestment property

$1,050,000 · Las Vegas, NV

A loan for a long-time Capella borrower on a Las Vegas property that is now a completed modern home.

Completed new single-family home in Pahrump, NVGround-up construction

$205,000 · Pahrump, NV

New single-family home for a repeat builder. Construction funds were released by phase as work was completed.

More loans we have funded

$25MConstruction loan
$11.75MBoutique hotel, Las Vegas Arts District
$5MLuxury custom home build, Henderson
$4MLuxury home build, Henderson area
$3.6MRestaurant and bar, Henderson
$3.5MLand acquisition and development for 1,200 lots, Pahrump
$2.6MQuick-service restaurant property
$2MConcrete tilt-up warehouse, Las Vegas
$1.2MCommercial construction, Reno
$1.2MChurch construction, Las Vegas

Meet the owners

Capella is family owned and Las Vegas based. Corinne Cordon formed Capella Commercial Mortgage in 2002, and today she runs it with her son, Matthew Dale. When you call, you talk to the owners.

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Corinne Cordon

Corinne Cordon

Founder and Chairman of the Board · NMLS #376581

Corinne began originating loans in the Las Vegas Valley in 1996 after careers in IT and at Citibank, N.A. She holds a B.S. in Business Administration/MIS from UNLV, added commercial lending through the CCIM program, and designed the origination software Capella uses to handle complex loans.

Matthew Dale

Matthew Dale

Co-owner, President and Broker · NMLS #1078402

Born and raised in Las Vegas, Matt has been in the business since age 16. He built Capella’s investor network, securing hundreds of millions of dollars in private funding, and oversees loss mitigation and default strategy.

What clients say

“When I come across a good investment opportunity, she is the first person I think to close the deal with.”

F. Calderon, Las Vegas real estate professional and investor

“They always are 100% transparent and honest and look out for their investors.”

J. Reilly, Henderson, NV · 4+ loans

“She is always trying to do the right thing as she sees it, for both borrowers and investors.”

K.P., Los Angeles · investor 3+ years

Ready to talk about your deal?

Apply online in a few minutes or call a loan officer. Se habla español.