Located just east of Greensboro, this loan funds the acquisition and development of 89 single-family lots in phases 2B and 3 of the larger Stoney Creek project. Less than six miles from Elon University, the local community provides a serene atmosphere with easy access to urban amenities, making it an ideal place to live for those seeking a balance between tranquility and accessibility. The acquisition and development loan was finalized in March 2024.
March 2024
89 Single-Family Lots
$5,000,000