Found in Brunswick, Georgia, this loan will fund the acquisition of 1,961 single family residential lots, 90 acres of commercial land, and the development of 159 lots in phase 1 of the Altama master plan community. Located immediately off I-95, Brunswick is equidistant between Savannah to the north and Jacksonville to the south, both an hour drive away. Brunswick is well known for being a part of the “Golden Isles”, comprised of Georgia’s 4 barrier islands in addition to Brunswick’s historic downtown district. The Golden Isles are a popular tourist destination for travelers nationally. This loan was finalized in September 2024.
September 2024
1,961 Single-Family Lots
$11,800,000