Rebel Land, LLC | Loan #4033 – FUNDED
Description: First Trust Deed collateralized by 88 partially completed residential lots of approximately .05 acres each. Located on the Northeast corner of East Carey Avenue and North Lamb Boulevard in Northeast Las Vegas, NV, the community is an infill site near Sunrise Mountain. Currently the lots are about 60% complete and it is estimated to require an additional $1,300,000 before the lots are ready for vertical construction. The development time would take approximately four months to complete. It is not anticipated that the borrower would begin development in the near term, but rather wait until market conditions improve further before they deploy additional money into the project.
