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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 roughly 25 acres of land in the scenic town of Midway, Utah. This land is currently being developed into 141 townhomes as well as 10 commercial pads, one of which will be a 30,000 sf Athletic Club available to both residents and the greater community. Since acquiring the property in September of 2020, the borrower has received master plan approval for the entire project and began work on the site. Since work began, significant interest has been generated surrounding the project which has led to 33 units being closed with another 11 set to close within the next two months at values 75% higher than originally projected. This interest is due to many factors, one of which is the proximity of the development to a new $3.2 Billion 6,800 acre Luxury Ski Resort, called Deer Valley East Village, which will be just a 10-minute shuttle ride away. Additionally, there is limited space for new luxury developments in Park City which has led residents seeking luxury homes to the next up-and-coming area which this project is proving to be. This loan will refinance the existing loan while providing additional funds for the remaining horizontal development work needed for the entire site, providing funds for the construction of the Athletic Club, and construction funds for another commercial pad. The construction of the townhomes within the community will be funded through individual loans taken out by each buyer outside of Ignite Funding.

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 two substantially 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. Now, the borrower has successfully completed both the necessary work with the city to entitle and subdivide the lots along with the sitework required to have these lots ready for vertical construction. Two of the lots (Lots 1 and 4) within this community are under construction, with these two lots (Lots 2 and 3) representing the next two homes to be built. Each of these two homes will be 5,800 sf with an anticipated build cycle of about 7 months.

First Trust Deed collateralized by one 2.25 acre commercially zoned parcel in North Las Vegas, NV which is less than 10 miles from the heart of downtown Las Vegas, NV. The borrower recently came across the opportunity to purchase this parcel at a strong price and approached Ignite seeking financing to acquire the land and construct a 3-building commercial project on it. In anticipation of closing the borrower has worked with the city to obtain the necessary approvals with plans to begin work on-site shortly after the closing of this loan. This project will ultimately have 3 buildings constructed upon it totaling 11,500 sf with one building already fully preleased. This building, totaling just under 2,600 sf, will be home to a national car wash tenant with over 250 locations nationwide. Another building will be home to a QSR retailer, with the largest and final building set to be 6,500 sf. This 6,500 sf building is anticipated to contain four tenants. The borrower is currently working through leases with potential tenants, and they plan to have all leases finalized before construction is complete. This project’s construction is expected to continue through Q3 2026 with the borrower planning sell the buildings once completed and stabilized.

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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