Deer Canyon Preserve

deer_canyon_photo_1The 400-acre site is a 103-lot Residential subdivision located in a ski resort area in Utah. The original loan was to pay off existing lien holders and complete infrastructure construction.

  • Loan Amount: $31.5 Million on Loan I (OCT. 2005), rolled-over to Loan II in the amount of $46 Million (Jan. 2007)
  • Underfunded Portion: nearly 10% of the total loan amount -$3.8 Million per the addendum, but later documents note $4,451,800
  • PCF Fees Charged: $4,560,300 + other fees may have been charged and/or accrued including management, restructuring, forbearance, and foreclosure fees

Loan Snapshot:

Original Point Center Loan Summary

Click here to view the original loan summary for DCP I

Click here to view the original loan summary for DCP II

Additional Information:

Property Map


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Note: Due to Point Center Financial's untimely disclosure of documents, all data is subject to continuing fact checking and updating.