Page 16 - Nikols - Annual Report 2022

oan ortfolio
/1/2022
ASSET CLASS DESCRIPTION OF COLLATERAL LOCATION MATURITY
RATE
INTEREST
RATE
CURRENT
BALANCE
MAX LOAN
COMMITMENT
AS STABILIZED
VALUE MF Residential 19 unit apartment building; renovation Los Angeles (New Hampshire) 04/30/22 8.00% $3,719,984 $3,850,000 $5,970,000 MF Residential 0,000 Smal Los Angeles (Normandie) 02/28/22 8.00% $1,991,372 $2,225,000 $3,600,000 Small-lot Residential r ction Los Los Angeles 05/31/22 0 $3,081,964 $3,475,601 $4,940,000 Small-lot Residential 18 small-lot SFR; construction Los Angeles 02/28/22 8.00% $16,444,504 $16,538,667 $22,288,889 Industrial / R&D 1 industrial building; minor renovation Anaheim 02/28/22 7.50% $7,584,353 $8,160,000 $12,600,000 Land 3.79 acres entitled for multifamily development Stanton 05/31/22 8.00% $10,882,527 $11,355,000 $22,710,000 Industrial / R&D R&D 1 i Rancho Cucamonga 01/31/22 8.00% $2,956,416 $4,060,000 $5,600,000 Land 2.41 acres entitled for multifamily development National City 03/31/22 8.00% $3,485,416 $3,700,000 $7,580,000 Industrial / R&D ldings; mi ion & condo conv mult Fullerton 01/31/23 6.50% $6,088,726 $6,604,841 $13,130,000 MF Residential 11 unit apartment building; renovation Lawndale 01/31/22 7.75% $2,519,992 $3,240,000 $4,510,000 Retail 000 In 0,000 Retail Stockton 04/30/22 8.50% $2,803,625 $5,750,000 $9,825,000 Industrial / R&D SF 7
LT Moreno Valley 06/30/22 8.00% $2,827,050 $3,000,000 $4,410,000 Retail k, bo uet f Burbank 07/31/22 8.00% $14,010,365 $16,000,000 $23,600,000 Retail e o ; n n 7
LT Moreno Valley ,000 Ind 8.00% $3,519,007 $3,765,000 $5,800,000 I r l D c t i Fontana ,000 Ind 6.50% $298,568 $6,000,000 $9,880,000 Residential-Condos 17 residential condo units; construction Carlsbad 07/31/23 0 0 R % $ In $3,493,930 $22,885,000 $32,305,000 Industrial / R&D i b g Vista 09/30/22 7.50% $2,038,082 $2,650,000 $4,300,000 Single Family Residential d u 7
LT ; Simi Valley 09/30/22 % % $ $6,500,000 $9,831,667 Retail i u d g i e Merced 09/30/22 8.00% $ $4 000 000 Land San Diego 10/31/22 8.00% $3,250,583 3 $ 0 $ 3 $ 0 $ 0 $ 00 Industrial / R&D 3 industrial buildings; construction Simi Valley 10/31/22 8.00% $4,030,640 $7,700,000 11, Industrial / R&D d Carlsbad 10/31/22 7.00% $3,003,766 ,00 La 40 La Land r San Diego 12/31/22 9.00% 68 La 000 La 000 La La Retail es Pasadena 12/31/22 8.00% $2,026,245 000 $3,600,000 Loan Portfolio 05/13/22 7.88% $108,729,518 $160,590,109 $256,020,556 2 LOANS TO SAME SPONSOR
TOTALING $6.1 MILLION
Apartment Renovations
Los Angeles, CA
Purpose Collateral LTV Terms Exit Strategy Comments 7
LT ot tow in ar 62% - 64%, averaging 63% loan to stabilized value.
ati Sale of building or refinance
id id cat Fun 7
LT y d of ev me ow os 17 LTV 64% 62% 70%
74%
65%
50% 73%
49%
50% 72%
59%
68%
68%
65%
61%
71%
62% 66%
63% 49%
69%
58%
50% 65%
63%