Projects Funded June 2022

S5H, LLC

Loan Funded

First Deed of Trust on approximately 2.26 acres located at 2881 South Valley View Boulevard in Las Vegas, Nevada. The project consists of a 26,318 square foot building on the 2.26 acres of land, the building was built in 1991 and is zoned industrial/flex. Currently the building is approximately 66% leases.

Loan Amount: $1,500,000

42% LTV

12% net to investors

Kavison Homes, LLC

Loan Funded

First Deed of Trust on approximately 2.5 acres of vacant land on the northeast corner of Simmons and San Miguel in North Las Vegas, Nevada. The borrower purchased the land with the proceeds of this loan. In the future the borrowers plans to develop the lots to build two-story homes

Loan Amount: $410,000

11% net to investors

9-month loan term, possible 3-month extension

Kavison Homes, LLC

Loan Funded

First Deed of Trust on approximately 0.76 acres of vacant land on the southwest corner of Pecos and Oquendo Road in Las Vegas, Nevada. The borrower purchased the land with the proceeds of this loan. In the future the borrower plans to entitle the land to build 12 townhomes on the site

Loan Amount: $340,000

11% net to investors

9-month loan term, possible 3-month extension