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The following loans are available to our Ignite Funding clients on a first-come-first-served basis.

The following loans are available to our Ignite Funding clients on a first-come-first-served basis.

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First Trust Deed collateralized by 8.64 acres of partially improved residential land in the scenic city of Kalispell, MT. The borrower recently came across this land at a strong discount and is looking to Ignite for financing to acquire the property, finish its development, and to construct 26 duplex units along with 2 finished SFR lots. The borrower plans to begin sitework immediately upon purchase, with construction set to begin once sitework has been completed. The build cycle for each unit is expected to average around 6 months and the units will be listed for sale a few months after construction starts. Each duplex unit will be around 2,200 sf across 2 stories with a 3bed/2.5bath mix. Conveniently located near the intersection of Route 2 and Highway 93 and just 2 miles away from the center of downtown Kalispell, this project will be an exciting new community for homebuyers in the area.

The collateral for this loan is an approximately 14.46-acre site that has been entitled to allow for the construction of medical office condos. The borrower intends to build 10 grey-shell medical office buildings on this land that will total 114,140 sf with the site plan shown below on the next page. The horizontal building permits were received in June with sitework starting shortly after. Horizontal development of the full 14.46 acres is expected to continue through late 2025/early 2026 with the vertical construction of the units expected to start once the horizontal development is substantially complete. The borrower anticipates building this project in phases, with phase 1 including the first 4 units. Subsequent units will begin construction in the following months after phase 1 construction begins. The project sits less than 400 yards from the entrance to the 197 bed Mercy Gilbert Medical Center which opened in 2006. The borrower believes higher values will be generated after construction is nearing completion and as such will begin to source buyers closer to the completion of construction for Phase One.

First Trust Deed collateralized by 26 acres of mixed-use land in Erie, CO which is just a 30-minute drive from the heart of downtown Denver, CO. Earlier this year the borrower identified an opportunity to acquire the subject property at a significant discount, subsequently placing it under contract and engaging Ignite to finance the purchase. The 26 acres that comprise the subject property are located on the corner of a nearly 650-acre planned development put together by national production homebuilders. This planned development will ultimately contain over 2,000 residential units along with 500,000 sf of commercial space. The 26-acre subject property is already zoned PD (Planned Development), which allows for both multifamily and commercial use, with the borrower intending to subdivide the property into a 19-acre multifamily parcel and four commercial pads totaling just over 7 acres. Once acquired, the subdivision and entitlement process can continue for the project which, once completed, will allow the borrower to sell off the parcels and exit this loan. Notably, the borrower is already in negotiations with multiple multifamily developers who are interested in purchasing the 19-acre multi-family parcel. This parcel’s sale is anticipated to close in late 2026 and is expected to payoff this loan in full.

he collateral for this loan is approximately 38 acres of land in Hurricane, UT which is approximately 140 miles northeast of Las Vegas, NV. Since acquiring the site, they have successfully worked with the city to get a preliminary plat and site plan approved. The site will ultimately consist of 15 single family detached lots, 132 attached townhome lots, 372 apartment units, and over 66,000 square feet of commercial
space. The borrower will develop the entire project and sell off different sections to developers who will construct those specific aspects of the project. Three of the five “super pads” (the sections of the property designated for specific uses) have LOIs to purchase the property within 90 days of being developed. Development began in the middle of 2024 and is expected to continue until late Q3 2025.

Ignite Funding, LLC | 6700 Via Austi Parkway, Suite 300, Las Vegas, NV 89119 | P 702.739.9053 | M 702.919.4281 | F 702.922.6700 | NVMBL #311 | AZ CMB-0932150 | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.

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