Haydentern, LLC #3298

This First Trust Deed is collateralized by a completed approximate 30,000 s/f two-story commercial building (with no tenant improvements) located near the intersection of Eastern Ave and Wigwam Pkwy in southeast Las Vegas, Nevada. The original appraisal, dated 12/2006 (now considered out-of-date), indicated a prospective value (upon building completion and stabilization) of $8,200,000.

Loan Amount: $786,500
Yield (principal value > $100,000): 9.25%
Yield (principal value < $100,000): 9.00%
Term: 12 Months

CM Elsinore 1-421, LLC #3252

This First Trust Deed is collateralized by eight vacant residential parcels totaling approximately 69.6 acres of land located on Grunder Drive in Lake Elsinore, CA. The property is zoned R-1 (single family residential) and was intended for the development of approximately 300 home sites by the original borrower. The property is located near Interstate Highway 15, which provides access throughout Riverside County. The original appraisal, dated 11/2007 (now considered out-of-date), indicated a value of $10,380,000.

Loan Amount: $1,013,900
Yield (principal value > $100,000): 9.25%
Yield (principal value < $100,000): 9.00%
Term: 18 Months