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Available Investments

Lokal Plum Creek Towns, #4409 – Colorado

The collateral for this loan consists of 45 mapped and partially developed residential lots located in Castle Rock, CO (approximately 32 miles south of Denver, CO). These 45 lots are approximately 20% complete and it is anticipated that they will be fully completed by the end of the year. Upon completion of development the borrower will begin building and selling the homes with an average sales price of $355,000. Within the community Richmond American Homes is currently selling single family homes that average $480,000. There are less than 20 lots that remain for sale which should be all sold by the time the borrower begins selling homes.

Loan Amount: $3,100,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10% (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: 6 months with an optional 6 month extension at maturity.

Mosaic Four, LLC #4408 – NEVADA

First Trust Deed collateralized by 7.5 gross acres of land currently zoned R-E to allow for two units per acre (a total of 15 units) although there is a resolution of intent for R-2 zoning which allows up to eight units per acre (a total of 60 units). Located in Enterprise, NV (approximately 18 miles Southeast of Las Vegas, NV) the property is nearly adjoining Mountain’s Edge, Southern Nevada’s premier master planned community. With the close proximity to Mountain’s Edge, future residents of this community will be able to enjoy all the amenities that Mountain’s Edge provides without paying community and master association dues which top $500 per month. This collateral is located within section 19, a 640 acre parcel, of which the borrower owns or manages 150 acres that is currently going through the same zoning conversions. The zoned land will ultimately be sold to home builders, just as the collateral for this loan will. It is anticipated that the collateral of this loan will be the first part developed and sold due to the proximity to the nearest utilities.

Loan Amount: $2,470,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10.00% (Principal Balance < $100,000) Interest is paid monthly in arrears […]

KD Commerce L.L.C., #4407 – NEVADA

First Trust Deed collateralized by two fully developed residential lots located on the Northeast corner of West Centennial Parkway and North Commerce Street in North Las Vegas. These two lots are within a larger 134 lot community, of which almost 100 have been sold to end users. The two lots have permits submitted to build a duplex, one unit on each lot. Each unit will be two stories and have a two car garage. The unit on the APN ending in -063 will be 2,314 square feet and the unit on the APN ending in -064 will be 2,296 square feet. Each will be three bedrooms with two baths.

Loan Amount: $437,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10% (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: 6 months with an optional 6 month extension at maturity.

KD Commerce L.L.C., #4406 – NEVADA

First Trust Deed collateralized by two fully developed residential lots located on the Northeast corner of West Centennial Parkway and North Commerce Street in North Las Vegas. These two lots are within a larger 134 lot community, of which almost 100 have been sold to end users. The two lots have permits submitted to build a duplex, one unit on each lot. Each unit will be two stories and have a two car garage. The unit on the APN ending in -061 will be 2,296 square feet and the unit on the APN ending in -062 will be 2,314 square feet. Each will be three bedrooms with two baths.

Loan Amount: $437,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10% (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: 6 months with an optional 6 month extension at maturity.

KD Commerce L.L.C., #4405 – NEVADA

First Trust Deed collateralized by two fully developed residential lots located on the Northeast corner of West Centennial Parkway and North Commerce Street in North Las Vegas. These two lots are within a larger 134 lot community, of which almost 100 have been sold to end users. The two lots have permits submitted to build a duplex, one unit on each lot. Each unit will be two stories and have a two car garage. The unit on the APN ending in -059 will be 2,314 square feet and the unit on the APN ending in -060 will be 2,296 square feet. Each will be three bedrooms with two baths.

Loan Amount: $437,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10% (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: 6 months with an optional 6 month extension at maturity.

KD Commerce L.L.C., #4404 – NEVADA

First Trust Deed collateralized by two fully developed residential lots located on the Northeast corner of West Centennial Parkway and North Commerce Street in North Las Vegas. These two lots are within a larger 134 lot community, of which almost 100 have been sold to end users. The two lots have permits submitted to build a duplex, one unit on each lot. Each unit will be two stories and have a two car garage. The unit on the APN ending in -057 will be 2,296 square feet and the unit on the APN ending in -058 will be 2,314 square feet. Each will be three bedrooms with two baths.

Loan Amount: $437,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10% (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: 6 months with an optional 6 month extension at maturity.

KD Commerce L.L.C., #4402 – NEVADA

First Trust Deed collateralized by two fully developed residential lots located on the Northeast corner of West Centennial Parkway and North Commerce Street in North Las Vegas. These two lots are within a larger 134 lot community, of which almost 100 have been sold to end users. The two lots have permits submitted to build a duplex, one unit on each lot. Each unit will be two stories and have a two car garage. The unit on the APN ending in -055 will be 2,314 square feet and the unit on the APN ending in -056 will be 2,296 square feet. Each will be three bedrooms with two baths.

Loan Amount: $437,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10% (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: 6 months with an optional 6 month extension at maturity.

Lokal Registry Ridge Towns LLC #4401 – COLORADO

The collateral for this loan consists of 74 mapped and partially developed residential lots located in Fort Collins, CO (approximately 60 miles north of Denver, CO). These 74 lots are approximately 60% complete and consist of 18 single family homes and 56 townhomes. Once development is completed toward the end of the year, the borrower will begin selling both single family homes as well as the town homes.

Loan Amount: $5,800,000

Yield: 10.25% (Principal Balance ≥ $100,000); 10% (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: 6 months with an optional 6 month extension at maturity.

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