New Acquisition & Development Loan Financing - Sunrise (Tampa, FL MSA)
Harvest Capital announces the successful closing of a new A&D financing; Sunrise
Harvest Capital has closed on a $92,700,000 loan commitment in Brooksville, Florida with Metro Development Group for the acquisition and development of 1,678 single-family lots. This marks Harvest Capital’s inaugural closing with Metro and the beginning of our partnership with one of Florida’s premier master plan developers.
Harvest is an industry leader in residential real estate investment & asset management with over $920m in capital exposure managed, $450m+ in new capital investments, $1.7B in gross project revenues, and 16,700+ 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.