New Acquisition & Development Loan Financing - Stoney Creek (Greensboro, NC MSA)
Harvest Capital announces the successful closing of a new A&D financing; Stoney Creek
Harvest Capital has closed on a $5,000,000 commitment in Gibsonville, North Carolina to LeoTerra Development Inc. to finance the horizontal infrastructure on an 89-lot phase of their Stoney Creek project. This marks Harvest’s second project closed with LeoTerra Development and we are proud of our partnership and committed to providing capital to further attainable housing developments throughout the Carolinas.
Harvest is an industry leader in residential real estate investment & asset management with over $825m in capital exposure managed, $355m+ in new capital investments, $1.4B in gross project revenues, and 15,000+ lots financed, managed, and developed over 64 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