RMB Real Estate, LLC | Loan #4005 – FUNDED
Description: First Trust Deed collateralized by 21 residential lots located in the Eaglesgate subdivision which is situated in Springfield, Missouri, approximately 166 miles southeast of Kansas City, MO. As one of the premier residential communities in the area, Eaglesgate has over 120 homes already built and sold in the community, which covers nearly 100 acres of rolling hills. The community is located near CoxHealth Medical Campus which is one of the main business hubs in the region. The borrower has been the owner of the property for about two years. Over the two year period, the borrower has sold 27 lots in the community, roughly one lot per month. The lots have historically been sold to end users that have built their custom homes in the site.
Henry Walker Construction of Colorado, LLC | Loan #4013 – FUNDED
Description: First Trust Deed collateralized by a fully-developed residential lot (“Lot 10”) located in the Sienna Park subdivision which is situated in Longmont, Colorado, (located approximately 35 miles north of Denver, Colorado). Loan proceeds will be used for the vertical construction of an approximately 2,002 square foot, 3 bedroom, and 2.5 bath home (“Pepperdine”).
