Deal Features: 57% LTV based on current appraisal. 10.5% return to investors, interest paid monthly. 12-month loan term, (optional 6-month extension). First Deed of Trust/Development. Loan Amount: $1,300,000. The project consists of approximately 5 gross acres located at the northwest corner of Alexander Road and Fort Apache in the northwestern part of Las Vegas. With the proceeds, […]
