Located in Emerson, Georgia, this loan funds the acquisition and development of 122 townhome lots. Emerson is a part of Bartow County, found along I-75 in the Northwest corridor of the Atlanta Metro, just under an hour drive from Midtown Atlanta. Both Emerson and the Metro as a whole have seen consistent population growth in the past decade. Looking forward, the Stars Way immediate vicinity (5-Mile Radius) is projected to achieve 3.7% population growth per year and 3.4% household growth through 2029, well above the average growth in nearby areas of the Atlanta MSA. This loan was finalized in September 2024.
September 2024
122 Townhome Lots
$8,100,000