Rimel Farms

Warrior, AL

Nestled in the scenic foothills of the Appalachian Mountains, this loan finances the acquisition and development of an approximately 252-acre site which is entitled for 322 single family lots to be developed in five phases. Located in Warrior, AL, a part of the Greater Birmingham MSA, this location offers residents convenient access to the city’s cultural and economic opportunities while still enjoying a peaceful suburban lifestyle. The acquisition and development loan was funded in January 2024.

Closed

January 2024

Units

322 Single Family Lots

Total Commitments

$15,500,000