New Acquisition & Development Loan Financing - Biltmore (Mobile, AL MSA)

HarvestCapital has closed a $7,900,000 loan to 68 Ventures for the acquisition anddevelopment of 159 single-family lots in Spanish Fort, Alabama. Harvest iscommitted to its support of 68 Ventures’ continued investment in its coremarkets across the Gulf Coast.

Harvest is an industry leader in residential real estateinvestment & asset management with over $925m in capital exposure managed,$460m+ in new capital investments, $1.7B in gross project revenues, and 16,900+lots financed, managed, and developed over 66 unique real estate projects.

Through our exclusive partnership with TPG Angelo Gordon, adiversified credit and real estate investing platform within TPG, we strive to address the lack of A&D financing available inthe market today. We are deeply committed to empowering residential landdevelopment projects that create a positive impact in their respectivecommunity landscapes. By investing in strategic, programmatic lendingrelationships, we believe we can help our development partners scale theirbusinesses while also contributing to the growth of the local economies inwhich we operate by helping address the shortage of attainable housing in theseregions.

For more information, please visit our website at www.harvest-realestate.com or email us directly at: info@harvest-realestate.com