Richard Redden Homes, LLC | Loan #4072 – FUNDED
Description: First Trust Deed collateralized by an approximately .22 acre tract of land located in West Jordan, UT (approximately 20 miles southwest of Salt Lake CIty, UT) near shops and amenities for a potential homeowner. The borrower has already submitted building plans to the city for the final review of a 2,384 square foot, two-story home. There will be four bedrooms and two and a half bathrooms on the above ground levels. In the unfinished basement, there will be plumbing installed for two additional bedrooms and one additional bathroom. This would be a total of six bedrooms and four and a half bathrooms.
Henry Walker Construction of Southern Utah, LLC | Loan #4077 – FUNDED
Description: First Trust Deed collateralized by a fully-developed residential lot (“Lot 14A”) located in the Coral Ridge Community which is situated in Washington, Utah (approximately 125 miles northeast of Las Vegas, Nevada and approximately 300 miles southwest of Salt Lake City, Utah). The town home community at Coral Ridge borders Coral Canyon Golf Course, a premier golf course in Southern Utah. Since the borrower acquired the partially developed residential lots in late 2011, they have finished and sold over 100 townhomes in the community. Loan proceeds will be used for the vertical construction of an approximately 1,870 square foot, 3 bedroom, and 2 bath pre-sold town home (“Doral”).
Henry Walker Construction of Southern Utah, LLC | Loan #4078 _ FUNDED
Description: First Trust Deed collateralized by a fully-developed residential lot (“Lot 14B”) located in the Coral Ridge Community which is situated in Washington, Utah (approximately 125 miles northeast of Las Vegas, Nevada and approximately 300 miles southwest of Salt Lake City, Utah). The town home community at Coral Ridge borders Coral Canyon Golf Course, a premier golf course in Southern Utah. Since the borrower acquired the partially developed residential lots in late 2011, they have finished and sold over 100 townhomes in the community. Loan proceeds will be used for the vertical construction of an approximately 1,870 square foot, 3 bedroom, and 2 bath pre-sold town home (“Doral”).
