New Acquisition & Development Loan Financing - The Bluffs (Crestview-Fort Walton-Destin, FL MSA)
Harvest Capital announces the successful closing of a new A&D financing; The Bluffs
Harvest Capital has closed on a $19,500,000 commitment in Freeport, Florida to 68 Ventures for the acquisition and development of 341 single-family lots. This is Harvest’s second project closed in Freeport with 68 Ventures and underscores our dedication to supporting our partner’s seamless execution on its market expansion efforts.
Harvest is an industry leader in residential real estate investment & asset management with over $820m in capital exposure managed, $350m+ in new capital investments, $1.4B in gross project revenues, and 14,900+ lots financed, managed, and developed over 63 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