New Acquisition & Development Loan Financing - The Falls (Charlotte, NC MSA)
Harvest Capital announces the successful closing of new A&D financing; The Falls
HarvestCapital is pleased to announce a $14.2 million acquisition and development loancommitment to Prestige Development for a 191-home subdivision in Newton, NorthCarolina. Newton's housing market has seen rapid growth due to its convenientlocation within the Hickory-Lenoir-Morganton metropolitan area, attracting bothresidents and businesses as the MSA becomes a destination economic center witheasy access to the Charlotte Douglas International Airport.
Harvest is an industry leader in residential real estateinvestment & asset management with over $660m in capital exposure managed,$190m+ in new capital investments, $1.2B in gross project revenues, and 11,500+lots financed and developed over 50 unique real estate projects.
Through our exclusive partnership with leading alternativeinvestment firm Angelo Gordon, we strive to address the lack of A&D financing available inthe market today. We are deeplycommitted to empowering residential land development projects that create apositive impact in their respective community landscapes. By investing instrategic, programmatic lending relationships, we believe we can help our developmentpartners scale their businesses while also contributing to the growth of thelocal economies in which we operate in and helping address the shortage ofattainable 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
Harvest Capital is pleased to announce a $14.2 million acquisition and development loan commitment to Prestige Development for a 191-home subdivision in Newton, North Carolina. Newton's housing market has seen rapid growth due to its convenient location within the Hickory-Lenoir-Morganton metropolitan area, attracting both residents and businesses as the MSA becomes a destination economic center with easy access to the Charlotte Douglas International Airport.
Harvest is an industry leader in residential real estate investment & asset management with over $660m in capital exposure managed,$190m+ in new capital investments, $1.2B in gross project revenues, and 11,500+lots financed and developed over 50 unique real estate projects.
Through our exclusive partnership with leading alternative investment firm Angelo Gordon, 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 in and 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