New Project Funded in Dayton, Nevada

Odyssey Dayton, LLC

First Deed of Trust on 38.29 acres of undeveloped land comprising of 3 multi-family sites equaling 20.84 acres and a commercial site of 5.21 acres. The balance of the property being purchased is designated as open space. Additional collateral includes a 95-acre foot portion of the ground water rights filed with the State of Nevada.

The proposed development will have 295 multi-family residential units, including 240 apartment units, 55 townhomes and a clubhouse. This will be the first phase of the Woodbridge Estates development, which encompasses a total of approximately 116 acres, with future phases to include approximately 216 single-family homes.