Project Funded and Project Repaid


Loan Funded

First Deed of Trust on an ‘under construction’, 16,065 square foot, 33-unit hotel plus 5 acre-foot of water rights. The 33-units comprise of 29 standard hotel rooms and 4 executive suites. The hotel is categorized as an extended stay suite hotel situated on 0.51 acres in the Tahoe Reno Industrial Center. The overall project has plans for six (6) additional two-story hotel buildings with a 3,500 square foot community center providing additional amenities.

Loan Amount: $4,000,000

12% net to investors

12-month loan term

Sahara Towne Square, LLC

Loan Repaid

First Deed of Trust on 7,035 square feet of retail space on approximately 0.74 acres located at 2550 South Maryland Parkway, Las Vegas, Nevada. The property is a multi-suite retail strip building with frontage along Sahara Avenue. The building is currently 100% leased with tenants consisting of Inyo Cannabis Dispensary, Domino’s Pizza, and Broadside Tattoo.

Loan Amount: $1,400,000

10.5% net to investors

60% LTV