Available Investments

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Sparks Golden Holdings, LLC #4946 | NEVADA

First Trust Deed collateralized by a nearly 15-acre parcel of land approximately 13 miles north east of downtown Reno, NV. The borrower is acquiring these nearly 15 acres from the seller who has tentative approval for a master plan consisting of over 40 contiguous acres of land. Within the masterplan, only the 15 acres the borrower is acquiring will be constructed into apartment units. The remaining acreage will be used for commercial space and condo units. Over the next six months the borrower will continue to work with the city to finalize the predevelopment of the project with the anticipation of June being able to finalize the predevelopment work and obtain building permits for the project. As soon as a building permit is ready to be issued, the borrower anticipates obtaining construction financing to pay off this acquisition loan. Loan Amount: $8,000,000 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: 9 months with an optional six-month extension period at maturity.

Ten15 Craig Tenaya, LLC #4945 | NEVADA – (SOLD OUT)

The collateral for this loan is 0.95 acres of land located near the corner of Craig Road and US-95 which is about 9 miles northwest of downtown Las Vegas, NV. Since acquiring the property in March of 2016, the borrower has worked with the city to allow for the construction of a 4,039 square foot drive thru outparcel. The property is 100% preleased to Bonanno’s New York Pizzeria and Plant Power Fast Food. This will be Bonanno’s fifth location in Las Vegas and Plant Power’s eighth location but the first in Las Vegas. Construction will begin immediately following the funding of this loan and is expected to be completed in eight months. Loan Amount: $1,325,000 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 two optional nine-month extensions at maturity.

GGD Oakdale, LLC #4823 | Illinois ($1.8M Available)

First position loan collateralized by a flex office building totaling 100,625 square feet in Peoria, Illinois (about 150 miles southwest of Chicago, IL). The property is currently 85% occupied to DHL Logistics and OSF Healthcare. DHL is a national credit tenant and OSF Healthcare is a large regional healthcare provider. Although 15% of the space is vacant, it is the suite with the best visibility so it should be easier to get leased. OSF Healthcare leases over 70% of the space and has been at this location since 2011 where they use the facility as a call center. With much of the routine doctor visits being conducted as virtual visits, it is anticipated the tenant will renew its lease when it expires in 2022. Even though Illinois is a bit outside of the typical geographic footprint of Ignite Funding, given the strong tenants and cash flow, we believe in the viability of this project. Loan Amount: $3,850,000 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 at maturity.

GGD Oakdale, LLC #4817 | NEW MEXICO ($2.2M Available)

First position deed of trust collateralized by two office towers totaling approximately 264,000 square feet, covering 9.31 acres, near the heart of Albuquerque, NM. Currently the property is only 30% leased but the major tenant, The New Mexico Department of Health, is looking to expand and extend their lease. The borrower intends to upgrade the façade of the building, the lobby, and the HVAC system of the 17- story building. Once this work is completed the borrower will consolidate all tenants into the 17-story tower and completely vacate the 10-story building. Once accomplished, the 17- story tower will be over 50% leased at which point they will look to refinance the loan. Upon completion of the main tower, Ignite will release the deed of trust on the vacant 10-story building since we will have sufficient collateral which will allow the borrower to get construction financing to convert the property into approximately 150 apartment building. This is the same strategy he implemented in Albuquerque with a converted hotel. Loan Amount: $4,800,000 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

Delta Quad Holdings, LLC #4812 | Missouri ($125K Available)

The collateral for this loan is a 1.92-acre site that has a 21 story, 371,454 square foot building on it. Located in the heart of Kansas City, Missouri, the building which was originally constructed in 1921 as the headquarters of one of the twelve regional Federal Reserve Banks but has been vacant since 2008 when the bank moved to new offices. Since acquiring the property, the borrower has worked within the guidelines established for rehabilitating historic buildings. By working within the guidelines, there are some federal tax credits that the borrower will be able to obtain. Additionally, they have continued to work on the asbestos remediation on the property which is anticipated to be completed in a few months. According to the borrower, over $37,000,000 has been spent on the project to date. Loan Amount: $6,500,000 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 at maturity.

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