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Available Investments

BDEC West, LLC #4394 – NEVADA

First Trust Deed collateralized by 4.54 net acres of commercially zoned land in Enterprise, NV (located approximately 17 miles southwest of Las Vegas, NV). The borrower recently purchased the property directly to the east of this site and has already begun the initial development of the site turning it into a tavern with a gaming license. Since late in 2016, the borrower has been working with local municipalities in order to get a tentative map in place on the collateral of this loan allowing for 28,550 square feet of commercial space. The space will be broken down into five different pads that will include two fast food restaurants, one convenient/gas store, and two inline retail spaces.

Loan Amount: $2,400,000

Yield: 10.25% (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: 6 months with one optional 6 month extension period at maturity.

Court Hampton Holdings, LLC #4391 – NEVADA

First Trust Deed collateralized by 10 developed residential lots located in the Daybreak community which is located nine miles east of Las Vegas, NV. The property currently has a final map in place to allow for the development of 41 lots roughly .12 acre in size of which this loan will encumber 10 of them. As it currently stands, the lots are graded and all of the underground work has been completed but the finishing work (curbs, gutters, and streets) has yet to be finalized. Development is anticipated to be completed by April of 2017. Harmony Homes has sold out of the first phase of the community which they have been selling since 2010.

Loan Amount: $513,000

Yield: 10.25% (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: 6 months with one optional 6 month extension period at maturity.

Lokal BR7 LLC #4390 – Colorado

The collateral for this loan consists of 24 mapped and partially developed single-family residential lots located in Commerce City, CO (approximately 20 miles northeast of Denver, CO and 12 miles west of Denver International Airport). These 24 lots are the second take down of a larger 151 lot community know as Buffalo Run Filing 7. Homes will be priced around $430,000 and will solely consist of single story ranch style homes. Filing 7 is the last takedown within a larger community know as Buffalo Run that the borrower has already completed the development, construction, and ultimate sale of over 300 homes.

Loan Amount: $1,560,000

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.

GGD Oakdale , LLC #4385 – CALIFORNIA

First Trust Deed collateralized by an approximately 81,970 square foot retail building situated on 4.3 acres of land in the heart of Merced, CA (about 117 miles east of San Jose, CA and 59 miles northwest of Fresno, CA). The property was acquired by the borrower in May of 2016 when the property was vacant with the exception of one long established tenant, Rite-Aid. Since the building construction in 1986, Rite-Aid has been the anchor tenant and had been part of a fully leased center until 2014 when the three of the four tenants vacated the premises. Since acquiring the property, the borrower did a complete renovation and upgrade to the building in preparation to attract new tenants. Since the completion of the renovations, one lease has been signed with another that is eminent with strong local and national tenants.

Loan Amount: $3,700,000

Yield: 10.25% (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: 11 months with one optional 11 month extension period at maturity.

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