Project Funded in Tahoe Reno Industrial Center

Venice and Denmark No.1, LLC

Loan Funded

First Deed of Trust on 5.35 acres of vacant land located at the southwest corner of Venice Drive and Denmark Drive, Storey County, Nevada. The subject property is approved and planned for the last three hotel buildings consisting of 33 rooms each for MY TRI Extended Stay Hotel, and two commercial/retail buildings with an adjoining dog park.


Loan Amount: $3,500,000

12% net to investors

49% Loan to value