New Acquisition & Development Loan Financing - Preservation Point (Charlotte, NC MSA)

Harvest Capital announces the successful closing of a new A&D financing; Preservation Point

Harvest Capital Red Cedar Preservation Point

Harvest Capital has closed an $8,500,000 loan in Charlotte, North Carolina, facilitating the acquisition and development of 126 townhome lots by Red Cedar Homes & NewStar Asset Management. This marks the first step in our partnership and affirms Harvest Capital’s commitment to the Charlotte MSA.                            

Harvest is an industry leader in residential real estate investment & asset management with over $787m in capital exposure managed, $317m+ in new capital investments, $1.4B in gross project revenues, and 14,300+ lots financed, managed, and developed over 61 unique real estate projects.    

Through our exclusive partnership with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, we strive to address the lack of A&D financing available in the market today. We are deeply committed to empowering residential land development projects that create a positive impact in their respective community landscapes. By investing in strategic, programmatic lending relationships, we believe we can help our development partners scale their businesses while also contributing to the growth of the local economies in which we operate by helping address the shortage of attainable housing in these regions.    

For more information, please visit our website at www.harvest-realestate.com or email us directly at: info@harvest-realestate.com    

         

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