Investor profile - AZ
Lance Mortensen
Lance Mortensen is a real estate investor and operator based in Phoenix, AZ. Public filings show activity across 40 properties held through 10 holding companies. Recent mortgage relationships include Bank of Jackson Hole, ARIZONA BUSINESS BANK, and COBIZ BANK.
Lance's Activity
As of December 2025, public records show approximately $46.4M in recorded mortgage exposure linked to this investor across at least 26 mortgage filings and 40 properties held through 10 holding companies. Activity appears concentrated in residential and vacant assets recorded between 2015 and 2025.
Associated People
Primary Geography
Phoenix, AZ
ZIP codes: 85262, 85266, and 85142
Most recorded activity for this investor appears in SCOTTSDALE and QUEEN CREEK.
Property Type Breakdown
Associated Entities (10)
AZ · 21 properties · 20 mortgages
AZ · 0 properties · 2 mortgages
AZ · 0 properties · 1 mortgage
+7 more not shown
Mortgages (26)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/22/2025 | $2.8M | Open | Bank of Jackson Hole | MORTENSEN SIGNATURE HOMES OF ARIZONA LLC | 10069 E HIDDEN VALLEY RD, SCOTTSDALE, AZ 85262 |
| 07/23/2025 | $2.0M | Open | Bank of Jackson Hole | MORTENSEN SIGNATURE HOMES OF ARIZONA LLC | 39253 N 104TH PL, SCOTTSDALE, AZ 85262 |
| 07/23/2025 | $1.4M | Open | Bank of Jackson Hole | MORTENSEN SIGNATURE HOMES OF ARIZONA LLC | 10875 E PROSPECT POINT DR, SCOTTSDALE, AZ 85262 |
+23 more not shown
Owned Properties (40)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 8223 E HIGH POINT DR, SCOTTSDALE, AZ 85266 | HIGH POINT DRIVE LLC | Owns - 7 mos | $3.5M |
| 39838 N 98TH WAY, SCOTTSDALE, AZ 85262 | MORTENSEN SIGNATURE HOMES OF ARIZONA LLC | Sold | $650k |
| 39870 N 98TH WAY, SCOTTSDALE, AZ 85262 | MORTENSEN SIGNATURE HOMES OF ARIZONA LLC | Sold | $600k |
+37 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and vacant properties across Phoenix, AZ.
What companies is Lance Mortensen associated with?
Lance Mortensen is associated with 10 entities based on extracted signatures from public records. Key entities include MORTENSEN SIGNATURE HOMES OF ARIZONA LLC, MORTENSEN SIGNATURE HOMES OF ARIZONA LLC AN ARIZONA LLC, OPTIMA 613 LLC, DM APACHE PEAK 134 LLC, and HIGH POINT DRIVE LLC.
How many properties are associated with this investor?
At least 40 properties are associated with Lance Mortensen and the entities they control, based on signatures extracted from recorded documents connecting Lance Mortensen to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Bank of Jackson Hole, ARIZONA BUSINESS BANK, and COBIZ BANK, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2015 through 2025, with the most recent mortgage recorded in 2025.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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