Located in Gaffney, South Carolina, this loan finances the acquisition and development of 725 single-family lots. The site is just 800 feet from Interstate 85, providing convenient access to one of the nation’s heaviest traveled and hottest growth corridors between Atlanta and Charlotte, including Spartanburg (25 minutes), Greenville (45 minutes), and downtown Charlotte (60 minutes). The massive population growth in Cherokee County, where Gaffney is located, is attributed in large part to its affordability and ability to attract top companies. This loan was finalized in September 2024.
September 2024
725 Single-Family Lots
$31,200,000
