Hurricane 277, LLC
Loan Repaid
First Deed of Trust on approximately 276.86 acres of undeveloped land located in Hurricane, Utah 84737. The land is entitled for mixed-use development with density of 2.5 units per acre providing for a maximum of 700 residential units. The proceeds of this loan were used to purchase the property for development
Loan Amount: $15,000,000
12% net to investors
46% Loan-to-value
12% net to investors
46% Loan-to-value
