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Subordinate Bridge – Seattle, WA

>$100K Remaining

Subordinate Bridge – Seattle, WA

Note Size: $225,000
Maturity Date: 06/10/24

This is a b piece of a 1st position, senior loan on a multifamily property. The rehab has been completed as of September 15th.   This is a medium rehab on a multifamily apartment complex similar to other projects the sponsor has acquired, renovated and refinanced in the past. The client over budgeted for the […]

24
18
Whole Note Yield: N/A
Partial Note Yield: 16.0%
Protected Note – Seattle, WA

>$100K Remaining

Protected Note – Seattle, WA

Note Size: $2,125,000
Maturity Date: 06/10/24

This is the A piece of a 1st position, senior loan. The B piece of this loan (approx. 10% of the total loan) will be the 1st to lose principal if principal loss was to occur.   This is a medium rehab on a multifamily apartment complex similar to other projects the sponsor has acquired, […]

16,212 SqFt
24
18
Whole Note Yield: N/A
Partial Note Yield: 8.0%
New Single Family – Denver, CO

> $1.5MM Remaining

Coming Soon

New Single Family – Denver, CO

Note Size: $1,650,000
Maturity Date:

The property is a recently built single family in the lower highlands neighborhood of Denver. It is listed for sale currently at $2,245,000.00. The loan is a bridge to payoff the construction loan until the property is sold. 3642 Mariposa St, Denver, CO 80211 | Redfin

3,300 SqFt
5
6
Whole Note Yield: N/A
Partial Note Yield: 10%
New Single Family – Denver, CO

> $1.5MM Remaining

Coming Soon

New Single Family – Denver, CO

Note Size: $1,650,000
Maturity Date: 09/18/2024

The property is a recently built single family in the lower highlands neighborhood of Denver. It is listed for sale currently at $2,245,000.00. The loan is a bridge to payoff the construction loan until the property is sold. 3640 Mariposa St, Denver, CO 80211 | MLS# 3388332 | Redfin

3,327 SqFt
5
6
Whole Note Yield: N/A
Partial Note Yield: 10%
Bridge to Dev – Denver, CO (1st Loss)

<$100K Remaining

Bridge to Dev – Denver, CO (1st Loss)

Note Size: $60,250
Maturity Date: 8/31/24

This property is awaiting permits to build a new, luxury duplex. The loan is a bridge on the current duplex which is being rented month-to-month until the permits are finalized in Q4 of 2023.

1,882 SqFt
4
2
Whole Note Yield: N/A
Partial Note Yield: 16.0%
Fix & Flip – Boulder, CO (2nd)

>$100K Remaining

Coming Soon

Fix & Flip – Boulder, CO (2nd)

Note Size: $150,000
Maturity Date: 03/31/24

This loan is a second position loan behind the borrowers existing ~$950K loan with a bank at less than 3%. The purpose of the loan is to complete a light renovation including paint, carpet/flooring upgrades, lighting, landscape and other minor improvements along with staging to maximize the speed and price of sale. With the $150,000 […]

3,500 SqFt
5
3
Whole Note Yield: 14.00%
Partial Note Yield: 13.5%
Fix & Flip – St. Louis, MO

>$100K Remaining

Fix & Flip – St. Louis, MO

Note Size: $118,750
Maturity Date: 11/15/23
2,840 SqFt
4
2
Whole Note Yield: 11%
Partial Note Yield: 10.5%
Fix & Flip – Chicago, IL

>$100K Remaining

Fix & Flip – Chicago, IL

Note Size: $495,000
Maturity Date: 05/01/24

This 3-unit building is located in the historic Tri-Taylor neighborhood near the Illinois Medical District, University of Illinois, surrounded by top-rated schools, parks, shopping, and public transportation. The main level is already renovated, they borrower will be renovating the two additional units including new kitchens, bathrooms, flooring and mechanicals. They are highly experienced, local real […]

3,125 SqFt
8
3
Whole Note Yield: 10.5%
Partial Note Yield: 10%
Bridge to Perm – Cleveland, OH

>$100K Remaining

Bridge to Perm – Cleveland, OH

Note Size: $76,000
Maturity Date: 02/17/2024

Detached Duplex with 5 bedrooms and 2 bathrooms in the Clark-Fulton Neighborhood. The borrower typically purchases and rehabs properties in cash and is using purchase only financing on this property to be more efficient with his capital. Upon completion of rehab, the loan will be refinanced into a DSCR loan from Aloha Capital.

2,670 SqFt
5
2
Whole Note Yield: 10%
Partial Note Yield: 9.5%