New Acquisition & Development Loan Financing - Hickory Hill (Dallas / Fort Worth, TX MSA)
Harvest Capital is delighted to announce a $9.1 million acquisition and development loan commitment to Morphic Development for a 218-homeresidential community in Sherman, Texas. This strategic investment aligns with Sherman’s growth as the ‘Silicon Prairie’, fueled by recent announcements of more than $35 billion in new semiconductor manufacturing plants by Texas Instruments and GlobalWafers.
Harvest is an industry leader in residential real estate investment & asset management with over $659m in capital exposure managed, $189m+ in new capital investments,$1.2B in gross project revenues, and 11,500+ lots financed and developed over 50unique real estate projects.
Through ourexclusive partnership with leading alternative investment firm AngeloGordon,we strive to address the lack of A&D financing available in the markettoday. We are deeply committed toempowering residential land development projects that create a positive impactin their respective community landscapes. By investing in strategic,programmatic lending relationships, we believe we can help our development partnersscale their businesses while also contributing to the growth of the localeconomies in which we operate in and helping address the shortage of attainablehousing in these regions.
For moreinformation, please visit our website at www.harvest-realestate.com or email us directly at: firstname.lastname@example.org