Available Investments - Ignite Funding

Green Level West I Apartments, LLC #6465 | NORTH CAROLINA – ($1.6M AVAILABLE)

The collateral for this loan is an approximately 25-acre site that will be entitled to allow for the construction of a 300+ unit apartment building. This acquisition sits contiguous to two separate properties the borrower has under contract which will total over 40 acres. Since the purchase of this land happened before it was fully entitled, the borrower used Ignite to acquire the property while finalizing the entitlements. Entitlements on all 40 acres have now been officially approved by the city, allowing a mixed use district including residential spaces, commercial spaces, and some offices as well. On the other side of the property construction has begun on over 1 million square feet of medical space that is owned by Duke Health. The city has already expressed a desire to make this corridor the new “heart” of the city which bodes well for the long-term viability of the project and the short term needs to get the property entitled Loan Amount: $6,600,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5%. Term: Nine months with an

Stonehaven, LLC #6449 | NEVADA – ($5.3M AVAILABLE)

First Trust Deed collateralized by 5.03 acres of residentially zoned land in the Northwest part of Las Vegas, NV. The subject property is situated between properties zoned as rural estates as well as some parcels of slightly higher density. The borrower has already gotten the tentative map (shown within the below link) approved with the city and has already funded over half of the development for the project themselves. The borrower plans to split the land into two separate four half-acre lot communities, with this loan funding the land development along with the construction of the first two homes. The borrower plans to build single family homes on the lots which should average 6,800 square feet and start at prices of $3,800,000 each. The tentative map is currently approved as paper lots and will see final map approval once the bond work is confirmed with the city which is what is considered a conforming zone. The bond will be posted once this loan is closed. Master Loan Amount: $9,645,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors