RMB Citrus, LLC | Loan #4104 – FUNDED
Description: First Trust Deed collateralized by one developed single family 0.6 acre lot (“Lot 7”) located in La Quinta,California (approximately 128 miles southeast of Los Angeles, CA and 129 miles northeast of San Diego, CA). This lot is part of a 12 lot subdivision where the borrower has acquired five of the 12 lots. Of the seven lots the borrower did not acquire, four already have homes built on them, one of which is currently for sale with an asking price of over $2,000,000. This subdivision is part of a large community know as The Citrus which is a golf course community that surrounds the Citrus Golf Club. Many of the homes in The Citrus were built by La Quinta builder, Wells Marvin from 1990-2011. The production, custom, and semi-custom homes range in value from $350,000 to $3,000,000.
RMB Citrus, LLC | Loan #4105 – FUNDED
Description: First Trust Deed collateralized by one developed single family 0.6 acre lot (“Lot 8”) located in La Quinta,California (approximately 128 miles southeast of Los Angeles, CA and 129 miles northeast of San Diego, CA). This lot is part of a 12 lot subdivision where the borrower has acquired five of the 12 lots. Of the seven lots the borrower did not acquire, four already have homes built on them, one of which is currently for sale with an asking price of over $2,000,000. This subdivision is part of a large community know as The Citrus which is a golf course community that surrounds the Citrus Golf Club. Many of the homes in The Citrus were built by La Quinta builder, Wells Marvin from 1990-2011. The production, custom, and semi-custom homes range in value from $350,000 to $3,000,000.
RMB Citrus, LLC | Loan #4106 – FUNDED
Description: First Trust Deed collateralized by one developed single family 0.6 acre lot (“Lot 12”) located in La Quinta, California (approximately 128 miles southeast of Los Angeles, CA and 129 miles northeast of San Diego, CA). This lot is part of a 12 lot subdivision where the borrower has acquired five of the 12 lots. Of the seven lots the borrower did not acquire, four already have homes built on them, one of which is currently for sale with an asking price of over $2,000,000. This subdivision is part of a large community know as The Citrus which is a golf course community that surrounds the Citrus Golf Club. Many of the homes in The Citrus were built by La Quinta builder, Wells Marvin from 1990-2011. The production, custom, and semi-custom homes range in value from $350,000 to $3,000,000.
