PV Crossing Lenders was formed to capitalize on a discounted bank note purchase. PV Crossing Lenders is seeking $1.7 million in capital to acquire a $4.2 million first lien position bank note secured by a 25.7 acre parcel in Prescott Valley, AZ; located on the NE corner of Hwy 69 & Hwy 169. This hard-corner parcel has premium visibility and access.

The PV Crossing Lenders members will hold a modified note with a $3.4 million balance and 4 year maturity, secured by a first lien position deed of trust.

Current bank appraisal is $5.9 million ($5.27/sf). Note purchase is $1.7 million ($1.52/sf)