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Alpine Village, LLC #6315 | NEVADA – FUNDED

A 1.46 acre parcel of land, situated near the mouth of Kyle Canyon in Las Vegas, NV is the collateral for this first trust deed loan. This part of Las Vegas has seen more residential building permits pulled over the past year than nearly all other submarkets. As the old adage goes; “commercial follows rooftops.” This property is a prime example of that. The borrower intends to get zoning approval for the ultimate construction of a fuel station which will be nearly surrounded by newly constructed homes. The borrower also has the property presold and is under contract with a nationally recognized fuel operator who will ultimately construct and occupy the building. The completion of the zoning process which will be the triggering event to sell the project and is anticipated to be completed within nine months. Loan Amount: $1,450,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5%. Term: Nine months with an optional nine-month extension at maturity. Final maturity date is 3/8/26.

By |September 4th, 2024|Funded Investments|0 Comments
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LV Properties & Investments, LLC, White Series #5979 | NEVADA – FUNDED

The collateral for this loan is a single tenant office building that was built in 2005 just south of the airport in Las Vegas, NV. It is currently being used by the borrower as their main office building. As a developer in Las Vegas, they are nearing completion of a property downtown that they will move their main office to. Although the property is currently occupied, the borrower will be vacating the premises shortly after this loan goes into place. The approximately 5,000 square foot office space will then be listed for sale as a single tenant office building. Loan Amount: $1,100,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5%. Term: Nine months with an optional nine-month extension at maturity. Final maturity date is 3/4/25.  

By |September 7th, 2023|Funded Investments|0 Comments
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1759 Harpsichord Way, LLC #5802 | NEVADA – FUNDED

1759 Harpsichord Way, LLC is a special purpose entity set up to construct this home. Michael Johnson, the manager of the company, has been building semi-custom homes and renovating high-end homes for nearly a decade. As a licensed general contractor, Michael has the experience and expertise to fix most issues that may arise without having to outsource the work. Loan Amount: $1,200,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. *For investments equal to or greater than $100,000 investors will earn 10.5% Term: Nine months with an optional nine-month extension at maturity. Final maturity date is 11/23/24.

By |May 26th, 2023|Funded Investments|0 Comments
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Rhino Holdings Sparks, LLC #5605 | NEVADA – FUNDED

Since acquiring a majority of the shopping center for $19,100,000 in the past year, the borrower is looking to refinance the collateral of the remaining 66,000 square foot shopping center. The collateral has existing regional tenants like Dotty’s, Paycheck Advance, Metro PCS, and a T-Mobile cell tower. Other tenants in the center include Tractor Supply Company, Autozone, Harbor Freight Tools, Applebee’s, Jack in the Box, Sizzler, Firehouse Subs, and El Pollo Loco. Since acquiring the property, the borrower worked to get a parcel map recorded to sell individual parcels/buildings to prospective buyers. This was done to take advantage of the arbitrage between bulk sales and triple net sales. Simply put, the parts are worth more than the whole. The borrower will continue to work to increase the current occupancy of 66%. Occupancy would increase to 92% once the four tenants he is currently working with sign a lease. Upon getting the occupancy increased, the borrower will begin to sell individual buildings unlocking the additional value in the property. Master Loan Amount: $14,750,000 Yield: 10% Interest is paid monthly in arrears with payments due on the 1st of each month with a 10- day grace period. *For investments equal to or

By |November 7th, 2022|Funded Investments|0 Comments
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Mosaic Seven, LLC #5328 | NEVADA – FUNDED

First Trust Deed collateralized by two acre parcel of vacant land located in the fast growing “West Henderson” area of Las Vegas, NV. Given the areas pro-development city officials, the area has seen robust growth in the past few years with much more development planned in the near future. Although the property does not currently have a zoning designation, it is the intent of the borrower to get approval to allow for industrial design manufacturing which has been approved on many parcels in the area. In addition to this new acquisition, the borrower also owns or controls over 170 additional acres in the area. One of the advantages of parcels in the area is that city officials would be willing to support both residential as well as industrial developments on the site. Master Loan Amount: $1,650,000 Yield: 10% interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. Term: Nine months with an optional nine-month extensions at maturity. Final maturity date is 7/26/23.

By |January 12th, 2022|Funded Investments|0 Comments
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CherCo, LLC #5069 | NEVADA – FUNDED

The collateral for this first position loan is an approximately one-acre site in Mesquite, NV (approximately 80 miles northeast of Las Vegas, NV). The borrower is acquiring this parcel of land after being under contract to purchase since July of 2018. During the extended escrow process, the borrower has successfully worked with the city to vacate a road that would have run through the site as well as get preliminary approval for the construction of a 10,000 square foot retail building. Although not encumbered by this loan, FedEx, Jack in the Box, Smiths Food and Drug, Subway, KFC, and Starbucks are all in the immediate vicinity of this parcel illustrating the other national retailers that believe in this location. The principals of the borrower have worked in the industrial and retail sectors of real estate in and around Las Vegas for over three decades. Loan Amount: $500,000 Yield: 10.5% (Principal Balance ≥ $100,000); 10.0% (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: Nine months with an optional ninemonth extension at maturity  

By |April 30th, 2021|Funded Investments|0 Comments
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Sunridge Place, LLC #5042 | NEVADA – FUNDED

First Trust Deed collateralized by a seven-acre parcel of land approximately 18 miles south of downtown Las Vegas, NV. Since going under contract about a year ago, the borrower has successfully worked with city officials to get the property zoned for a regional mixed-use designation. It is the borrower’s intent to complete the final map for a 236-unit multifamily development. This 200,000 square foot property would be the second large multifamily project the borrower is operating with the first being Tuscan Highlands. Tuscan Highlands is currently under contract for what would be the highest price per unit sales ever in Las Vegas. With a total project cost of over 64 million, this project will be of the same quality finishes as can be found in Tuscan Highlands. It is anticipated the final map and construction financing will be complete within the year at which point the loan would be paid off. Loan Amount: $5,700,000 Yield: 10.5% (Principal Balance ≥ $100,000); 10.0% (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: 9 months with an optional nine-month extension period at maturity  

By |March 17th, 2021|Funded Investments|0 Comments
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Harmony Horizon Ridge, LLC #4949 – 4976 | NEVADA – FUNDED

First Trust Deed collateralized by 28 mostly finished residential lots near the corner of Horizon Ridge Pkwy and Horizon Dr in Henderson, NV (approximately 17 miles southeast of downtown Las Vegas). Since acquiring the property in November of 2018, the borrower has successfully obtained approval for the development of a 154-lot subdivision and subsequently completed most of the development work on all three phases of the project. The lots are roughly 0.05 acres in size which was done to ultimately build townhomes on. Townhomes in the community will range between 1,121-1,711 square feet with three to five bedrooms and up to three baths with an average sales price of $290,000. Master Loan Amount: $1,736,000 Tranche Loan Amount: $62,000 Loan Type: This Master Loan will be sold in tranches, giving investors the opportunity to invest in one or more lots in the community. A breakdown of the lots is shown on the next page. Yield: 10.00% Interest is paid monthly in arrears with payments due on the 1st of each month with a 10-day grace period. Term: Nine months with one optional nine-month extension period at maturity.

By |March 1st, 2021|Funded Investments|0 Comments
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North Pass, LLC #4801 | NEVADA – FUNDED

First Trust Deed collateralized by 4.72-acres of land that is currently zoned Neighborhood Commercial. Located approximately 15 miles southeast of downtown Las Vegas and very near the prestigious master plan community of McDonald Highlands in Henderson, Nevada, the site sits across the street from the “Pass at Black Rock”. The Pass at Black Rock is the brainchild of the borrower who is currently working with the city to approve this mountain bike park. Directly south of the site is a 122-lot community that the borrower has worked through since late 2017. In addition to the collateral shown above, the borrower is working with the City of Henderson on a land swap that will add six finished lots to the collateral once completed (summer 2021). Loan Amount: $2,250,000 Yield: 10.5% (Principal Balance ≥ $100,000); 10.0% (Principal Balance < $100,000) Interest is paid monthly in arrears with payments due on the 1 st of each month with a 10-day grace period. Term: 6 months with one optional 6-month extension period at maturity.

By |October 20th, 2020|Funded Investments|0 Comments
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GGD Oakdale, LLC #4797 | NEVADA – FUNDED

First Trust Deed collateralized by an approximately 62,000 square foot former BevMo! building which is part of the larger Still Water Plaza in Fallon, NV (about 61 miles east of Reno, NV). Although the property is currently vacant, the borrower has a lease ready to be signed with Harbor Freight to occupy 16,310 square feet. Once this new tenant is signed up (shortly after acquiring the property), the borrower will be left with 46,425 square feet of vacancy. There is new leasing broker working on filling the remaining space and they have had preliminary discussions with a grocery store, a Christian bookstore, and two smaller tenants. Other tenants in the plaza include Burger King, Wells Fargo Bank, Pizza Factory, Enterprise Rent-A-Car, Verizon Wireless, GameStop, and Jiffy Lube. Although these other tenants are not part of the collateral of the loan, they are all within the same shopping complex. The other space in the shopping plaza (which is owned by a different owner), have not had much of an issue with staying occupied unlike the building that the borrower is acquiring which has sat vacant for a few years. The prior ownership group was unrealistic in their rental rate expectations and

By |September 23rd, 2020|Funded Investments|0 Comments
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Ignite Funding, LLC | 6700 Via Austi Parkway, Suite 300, Las Vegas, NV 89119 | P 702.739.9053 | T 702.919.4281 | F 702.922.6700 | NVMBL #311 | AZ CMB-0932150 | | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.
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