Available Investments

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Midway Heritage Development, LLC #4796 | UTAH ($5.5M AVAILABLE)

First Trust Deed collateralized by roughly 24.9 acres of farmland which will eventually be developed into at least 160 townhome and cottage sized lots as well as a few commercial pads. This is the next phase of the successful Whitaker Farms project the borrower recently completed. Although the tentative map has not been approved, part of the site is already zoned to allow higher density townhomes. Over the next year, the borrower will work with the city to get a masterplan approved for the entire site that will eventually turn into a phased development. As of today, it is not anticipated for the development work to begin until June of 2021. Additionally, the borrower already has over 20 reservations for the townhomes and two of the commercial pads even though homes won’t be finished for at least 18 months. Loan Amount: $11,900,000 Yield: 10.50% (Principal Balance ≥ $100,000); 10.00% (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 one optional 9-month extension period at maturity.

Gold Rose Construction, LLC #4793 | NEVADA ($900k AVAILABLE)

The collateral for this loan will consist of an approximately half acre lot once the new parcel map has been assigned new, unique parcel numbers for the newly created lots. Additionally, the borrower will begin the construction of an approximately 7,000 square foot two story home and casita. Located in the Northern part of Las Vegas (approximately 18 miles northwest of downtown Las Vegas, NV), this high-end home will consist of five bedrooms and seven bathrooms. Additionally, there will be a four-car garage and plenty of area for a pool. Loan Amount: $2,384,000 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 #4791 | MICHIGAN – ($900M AVAILABLE)

First Trust Deed collateralized by an approximately 136,000 square foot former Sears building which is part of the larger Jackson Crossing Shopping Mall in Jackson, MI (about 78 miles east of Detroit, MI). Current tenants in this mall include national brands such as Kohl’s, T.J. Maxx, Bed Bath & Beyond, Best Buy, and Target (these tenants occupy property inside the mall but not the collateral of this loan). Since acquiring the site in December of 2019, the borrower has demised the interior of the Sears building and updated the property to new building codes. Going forward, the borrower needs additional capital for the specific tenant improvements to the six new suites (the floor plan is on the next page). Tenants such as Hobby Lobby, Burlington, and Planet Fitness have all signed leases or letters of intent. These three tenants would occupy over 80% of the space and the remaining three smaller suites would be rented to local tenants once they are procured. With average lease rates of $7.00 per square foot, the property will generate enough cash flow to cover interest payments with just the three tenants already identified. Loan Amount: $6,100,000 Yield: 10.5% (Principal Balance ≥ $100,000); 10.0% (Principal

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