New Acquisition & Development Loan Financing - Rimel Farms (Birmingham, AL MSA)

Harvest Capital announces a financing transaction in Warrior, Alabama, allocating $15,500,000 to 68 Ventures for the acquisition and development of 322 single-family lots. Harvest is thrilled to assist 68 Ventures in its strategic expansion into the robust housing market of the greater Birmingham, AL MSA.                            

Harvest is an industry leader in residential real estate investment & asset management with over $800m in capital exposure managed, $350m+ in new capital investments, $1.4B in gross project revenues, and 15,000+ lots financed, managed, and developed over 63 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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