Deal Features: 56% LTV based on current appraisal. 11% return to investors, interest paid monthly. 12 month loan term, (optional 6 month extension). First Deed of Trust/Purchase and Development. Loan Amount: $780,000.00 The project consist of approximately 5.33 acres zoned 36-units per acre, located at the southeast corner of Smoke Ranch Road and Decatur Boulevard, Las Vegas, Nevada. […]
