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PROJECT CRITERIA

Appian Capital invests in a wide range of projects that generally fit
in the following brief outline:

Property Types

Subdivisions, Condominium(ground up and conversion), Commercial, Self-Storage, Retail, Industrial and Land

Project Size

$5,000,000 - $100,000,000

Appian Loan

$1,000,000 - $15,000,000

Loan to Cost

Up to 95%

Term

6 months - 36 months

Location

Western United States

Project Profile

Value-Added Projects, New Development, Repositioning

Sponsorship

Experience in subject property type and location

Structure

Mezzanine Loan (Deed of Trust or Assignment of Partnership Interest)