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The following loans are available to our Ignite Funding clients on a first-come-first-served basis.

The following loans are available to our Ignite Funding clients on a first-come-first-served basis.

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First Trust Deed collateralized by two finished residential lots in Las Vegas, NV. The borrower initially acquired these two lots as part of a 5-acre land purchase with the intention of subdividing the land and constructing two separate luxury communities. There will be four homes within each community, and each home will sit on a half-acre lot. The borrower has since successfully completed the necessary work with the city to entitle and subdivide the lots, completed the horizontal development for all eight lots, and has completed construction for the first four-home community. Now, the borrower is looking to begin construction on the second community with this loan’s collateral, lots 6 & 7, representing the next two homes to be built. These two homes will average 5,600 sf with a 5-bed/7-bath mix and a high-end finish which meets the needs of typical homebuyers in the area. The anticipated build cycle for each home is about 9 months, and the borrower expects to have one, if not both, homes pre-sold prior to the completion of construction.

First Trust Deed collateralized by 1.13 acres of commercial land and existing improvements in the “Arts District” of Las Vegas, NV. The borrower initially partnered with Ignite to acquire this property in late 2022 with the goal of renovating the 32,000 sf warehouse on the property into the flagship Evel Knievel experience and museum. This experience will be enhanced through the borrower’s efforts to preserve the historical aesthetic of the building while also bringing in synergistic tenants to the project. Since acquiring the property, the borrower has worked with the city to establish a Tourism Improvement District (TID) that will bring substantial economic benefits to this project. In addition to the TID, the borrower has also materially increased NOI and overall value since initial projections. Renovation work began on the building around the end of 2024, and the borrower expects for all work to be done with tenants in place by late Q2 or Q3 of 2026. This loan will provide the funds necessary to complete the building’s construction and Tenant Improvement (TI) work, allowing tenants to move-in and enabling the borrower to execute his exit strategy.

The collateral for this loan is an approximately 14.46-acre site that has been entitled to allow for the construction of medical office condos. The borrower intends to build 10 grey-shell medical office buildings on this land that will total 114,140 sf with the site plan shown below on the next page. The horizontal building permits were received in June with sitework starting shortly after. Horizontal development of the full 14.46 acres is completed, and vertical construction of the units has started. The borrower anticipates building this project in phases, with phase 1 including the first 4 units. Subsequent units will begin construction in the following months after phase 1 construction begins. The project sits less than 400 yards from the entrance to the 197 bed Mercy Gilbert Medical Center which opened in 2006. The borrower believes higher values will be generated after construction is nearing completion and as such will begin to source buyers closer to the completion of construction for Phase One.

First Trust Deed collateralized by seven parcels, totaling 7.3 acres, within the Union Village master planned mixed-use health village located in Henderson, NV. Located just off the interstate and only a 20 minute drive from the Las Vegas strip, Union Village is well positioned to support its large community of residents, visitors, and healthcare employees. The subject parcels of this loan represent a substantial portion of the remaining parcels to be developed within the 170-acre mixed-use Union Village community. The borrower began this project around 2010 and has since experienced outsized success within the community. Post-initiation, the borrower successfully delivered the 303-bed Henderson Hospital as the anchor for this project. In addition, the Union Village community has also seen the successful delivery of the Boulder Marketplace, Las Vegas Athletic Club, and multiple residential communities including The Well Apartments, Emerald Village, and the Promenade Condos. As the borrower works to sell through their remaining parcels held within the community, they have approached Ignite Funding to refinance their maturing debt on the subject parcels to provide the runway necessary to execute their business plan.

The collateral for this loan is approximately 38 acres of land in Hurricane, UT which is approximately 140 miles northeast of Las Vegas, NV. Since acquiring the site, the borrower has successfully worked with the city to get a preliminary plat and site plan approved. The site will ultimately consist of 15 single family detached lots, 132 attached townhome lots, 372 apartment units, and over 66,000 square feet of commercial space. The borrower will develop the entire project and sell off different sections to developers who will construct those specific aspects of the project. Development work on the project began in late 2024 with this loan providing the funds required to complete the scope of this project’s work. Two of the five “super pads” (the sections of the property designated for specific uses) have PSAs in place to purchase the property following the completion of horizontal development. The borrower anticipates having a majority of the remaining “super pads” pre-sold before development is complete, which is anticipated to occur in late Q2 of 2026.

First Trust Deed collateralized by 5.49 acres of commercially zoned land that will ultimately be home to over 14,000 sf of commercial space constructed across 5 buildings. The borrower acquired the land for this project about a year ago and has since worked with the city to obtain the necessary entitlements and permits allowing the project to break ground. The borrower began the horizontal development for the 5.49 acres upon the closing of this loan and has since substantially completed the necessary work, allowing for vertical construction to begin. Each building is anticipated to have a 9-month construction timeline. It should be noted that all 5 buildings have fully executed triple-net leases in place with their future tenants. All tenants plan to occupy their respective spaces shortly after receipt of their building’s certificate of occupancy. The borrower plans to list the properties for sale as they near the completion of construction and expects for them to be sold within a few months of rent commencement.

The collateral for this loan is a 4.6 net acre site in Goodyear, AZ. The project will consist of 47 attached residential townhome units. All units will have three bedrooms and two and a half bathrooms ranging from 1,690-1,801 square feet. The modern looking townhomes will be constructed as a for sale community instead of the “build-to-rent” model that is prevalent in Arizona. The wet and dry utilities are substantially complete for the entire site and construction has begun for all units. Goodyear was founded by the tire and rubber company to grow the cotton used for their tires. The company shifted their focus from cotton to real estate and land development in the 1960s. Metro Phoenix is home to about 5 million people where net migration continues to fuel its growth. Over the past two decades, Phoenix has grown by nearly 100,000 people every year. Phoenix’s relatively young population with the age cohort 25-34 containing the largest percentage of residents (about 15%) are ideal purchasers/renters for the entry level townhomes. Although it is not the intent to hold the property as a built to rent community, the buyer has been approached by multiple equity firms to purchase the finished product when each of the buildings are completed, for this purpose.

Ignite Funding, LLC | 6700 Via Austi Parkway, Suite 300, Las Vegas, NV 89119 | P 702.739.9053 | M 702.919.4281 | F 702.922.6700 | NVMBL #311 | AZ CMB-0932150 | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.

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