Gold Rose Construction, LLC (8999)

Residential • Construction • 9775 Severence Lane, Las Vegas, NV 89149
Loan Number: #L0000013
Full Commitment $2,384,000
Available $0
Investor Interest Rate 9%
Minimal Investment Amount $1,000
Maturity Date 2/26/2022

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About this property

Property Address
9775 Severence Lane, Las Vegas, NV 89149
Property Details
Gold Rose Construction, LLC acquired an approximate half acre lot to construct an approximate 7,000 square foot two-story home and casita in northern Las Vegas, Nevada.
How the funds will be used

Construction

Borrower will utilize funds for the property acquisition and construction of home.
How the funds will be used

Construction

Borrower will utilize funds for the property acquisition and construction of home.

Financials

Borrower
Gold Rose Construction
Loan Offering
$5,000
Full Commitment
$2,384,000
Yield
9%
Payment
Interest payments are paid monthly, between the 1st and the 5th of the month.
* Notes are structured as borrower payment dependent notes, not secured by any Connect Invest assets. Please review our Privacy Placement Memorandum for additional information.
Type of Project
Residential
Phase of Project
Construction
7
Term
9 months with a 9 month extension available to the Borrower for a total of 18 months.
Maturity Date
2/26/2022

Maturity date can fluctuate and is dependent on the date the loan funds.

Valuation Amount
--
Loan to Value Ratio
79%
Exit Strategy
Sale or refinance of the property upon completion.

Borrower

Gold Rose Construction
Gold Rose Construction specializes in building modern high-quality single-family and multi-family, custom and semi-custom, sustainable luxury homes. Gold Rose is committed to using eco-friendly building materials, technologies, and practices. They include green technology and integrated solar energy systems in their home designs that reduce the impact on the environment and lower monthly energy costs. Gold Rose partners with other like-minded design partners. Green living defines what they do.