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FIG Jackson Crossing, LLC #5179 – 5191 | UTAH – FUNDED

First Trust Deed collateralized by a 17-acre parcel of a residentially zoned property approximately 40 miles north of Salt Lake City, UT. Since going under contract to purchase the property in August of 2020, the borrower has worked with the city to get approval to build townhomes on the site. Since getting the city approval to build 221 townhome units the borrower will close on the purchase of the property and continue working with the city to get a final map approved for the development. Tranche Loans: Estimated Date - Estimated Amount - Loan # 8/11/2021 - $420,000 - #5179 8/11/2021 - $420,000 - #5180 8/11/2021 - $420,000 - #5181 8/11/2021 - $420,000 - #5182 8/11/2021 - $420,000 - #5183 8/11/2021 - $420,000 - #5184 8/11/2021 - $420,000 - #5185 8/11/2021 - $420,000 - #5186 8/11/2021 - $420,000 - #5187 8/11/2021 - $420,000 - #5188 8/11/2021 - $420,000 - #5189 8/11/2021 - $420,000 - #5190 8/11/2021 - $420,000 - #5191 11/26/2021 - $420,000 - TBD - Not open for investment at this time 12/31/2021 - $420,000 - TBD - Not open for investment at this time 1/28/2022 - $420,000 - TBD - Not open for investment at this time 2/25/2022

19North1, LLC #5132 | ARIZONA – FUNDED

First Trust Deed collateralized by approximately 10 acres of land that was once a golf course. Half of the former golf course site has been sold to a national home builder K Hovnanian Homes who has already begun building on the site. K Hovnanian is currently building townhomes ranging from 1,223 square feet to 1,498 square feet with an average closing price around $310,000. The other half of the golf course will be sold to our borrower who will be utilizing the site as a “build to rent” product. All the townhomes our borrower will build will be held onto and operated like an apartment complex instead of being sold off to end users once they are completed. The borrower has already closed on the first of two phases and this loan will encumber the second of two phases (approximately a quarter of the former golf course). Loan Amount: $3,900,000 Yield: 10.5% (Principal Balance ≥ $100,000); 10.0% (Principal Balance < $100,000). Interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. Term: Nine months with an optional nine-month extension periods at maturity.

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