New Acquisition & Development Loan Financing - Sherwood Grove (Daphne-Fairhope-Foley, AL MSA)
Harvest Capital announces the successful closing of a new A&D financing; Sherwood Grove
Harvest Capital has closed an $8,600,000 loan in Fairhope, Alabama, for the acquisition and development of 166 single-family lots at Sherwood Grove.
Harvest is an industry leader in residential real estate investment & asset management with over $1.0B in capital exposure managed, $620m+ in new capital investments, $1.9B+ in gross project revenues, and 19,800+ lots financed, managed, and developed over 78 unique real estate projects.
Through our exclusive partnership with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, we strive to address the lack of A&D financing available in the market today. We are deeply committed to empowering residential land development projects that create a positive impact in their respective community landscapes. By investing in strategic, programmatic lending relationships, we believe we can help our development partners scale their businesses while also contributing to the growth of the local economies in which we operate by helping address the shortage of attainable housing in these regions.
For more information, please visit our website at www.harvest-realestate.com or email us directly at: info@harvest-realestate.com