Harvest Capital closed on a combined acquisition, development, and land loan to finance The Foothills at Red Bank, a 1,256-lot masterplan community located in Sevierville, Tennessee. The $10.3 million A&D loan covers Phase 1 (223 lots) and the $9.8 million land loan covers Phases 2-11 (1,033 future lots). This project is located 35 miles from downtown Knoxville. It is an exclusive masterplan community by DR Horton, the country's largest homebuilder. This loan was finalized in September 2026.
September 2026
1,256
$20,100,000
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