Recent Closings

Saturday, May 25, 2019 has recently closed the following loans:

Borrower Amount Description of Collateral
Developer in Utah $4,500,000 School conversion to Condos in Tooele, UT
Developer in Illinois $4,200,000 Planned development near Yorkville, IL
Developer in Georgia $6,060,000 RV Resort park near Blairsville, GA
Developer in Florida $7,200,000 Hotel Condominium conversion in Kissimmee, FL
Developer in Florida $9,000,000 308 acre parcel in De Soto County, FL
Developer in Tennessee $4,544,000 25 acre parcel in Tellico Falls, TN
Developer in South Carolina $1,380,000 56 boat slips in development near Georgetown, SC
Developer in Florida $3,864,000 79 acre parcel in Ft. Pierce, FL
Developer in Los Angeles $9,780,000 6 story building in downtown Los Angeles
Developer in New York $9,780,000 551 acre resort hotel complex near the Catskills, NY
Developer in Mississippi $6,000,000 12 acre hotel and condominium site in Biloxi, MI
Developer in Colorado $11,000,000 255 acre development in Johnstown, CO
Developer in South Carolina $6,000,000 36 acre development in Mount Pleasant, SC
Developer in Arizona $50,000,000 1,000 acre development near Tucson, AZ
Developer in California $2,990,000 312 lakeside acres by Lake Don Pedro, CA
Developer and operator in Florida $9,600,000 Hotel Condominium conversion
Doctor in New York $12,000,000 Estate in New Jersey and other collateral
Developer in North Carolina $6,500,000 14 acres of permitted sumdivision in Avon, NC
Developer in Orlando, FL $40,000,000 224 acres in Orange County, FL
Developer and operator in Florida $4,000,000 56 units in Hotel Condominium conversion
Developer in Florida $5,950,000 500 platted lots in Citrus Springs, FL
Developer in Michigan $3,000,000 Multifamily units in Grand Haven, MI
Recent Immigrant from Russia $10,000,000 Luxury duplex condominium in New York
Developer in Sebring, FL $8,500,000 1136 Acres of raw land near Sebring, FL
Commercial Developer $15,000,000 Commercial Development in Rhode Island
A developer in Wells, Maine $3,468,000 360 acres of land near the town of Wells in Maine.
Family Trust $2,700,000 Ranchland in Oregon
Investor Group $9,000,000 Island in the Bahamas
Ski resort developer $18,000,000 Ski resort in Idaho
Real estate developer $2,015,000 185 acres of farmland in Carlisle Co, PA
Boat manufacturer $5,300,000 7 Retail stores in south and east
Real estate speculator $1,800,000 Factory in Jeffersonville, Indiana 
Real estate developer $3,000,000 Condominium project in Petersburg, Florida
Real estate developer $1,200,000 Ownership interest in shopping center in White Plains, NY
Telecom in Virginia $7,200,000 16 PCS licenses and associated equipment
Skating facility owner $4,250,000 Skating facility in Wall Township, NJ
Casino developer $3,300,000 Development/management fees on casino project
Shipowner $3,300,000 Luxury yacht and ro-ro vessel
Developer in Georgetown, South Carolina $5,300,000 776-acre master planned community development in Georgetown, South Carolina
Golf course developer $2,500,000 Golf course in Leesburg, Virginia
Developer in Orlando, Florida $13,000,000 380 acre development and golf course in Orlando, Florida
Shipowner $5,100,000 Cruise ship in Gulf of Mexico
Developer in Frisco, Texas $9,085,000 204 acres zoned for residential use in Frisco, Texas
Brownfield real estate remediator $22,300,000 996 acres of contaminated land, previously used in the manufacture of explosives.
Developer near Dallas, Texas $3,500,000 332 acres and 234 single-family building lots in Frisco, Texas
Developer in New Jersey $1,500,000 2.6 Acres near George Washington Bridge
Real Estate Developer in Frisco, Texas $7,000,000 632-acre Master Planned Community Development
Public Real Estate Developer $66,000,000 11 Master Planned Community Developments in High Growth Areas
Landfill operator in Pennsylvania $8,000,000 Landfill with 3.1 million cubic yards of capacity
Hotel in Belize $740,000 29 Beachfront units near Belize City
Developer in Austin, Texas $7,100,000 Former Hog Farm in Austin, Texas, and other property
Owner of small Airline $2,200,000 Airline guarantee plus $9.9 million of prime residential real estate
Army Depot outside Salt Lake City $10,700,000 2.9 million sq ft of warehouse and industrial space on 1,179 acres
Indianapolis Theme Park Developer $2,000,000 510 acres of land at the intersection of I-70 and State Road 39
Real Estate Developer outside Salt Lake City $5,500,000 & $3,500,000 2,970 Acres of Residential land in High Growth Area
Hotel and Casino Developer $5,400,000 40 acres of Prime Casino Land in Black Hawk, Colorado
Race Track Operator in Watertown, N.Y. $700,000 Loan to Moving & Storage Company Buying a Race Track
Magazine Publisher $14,500,000 17,000 sq ft townhouse in Manhattan, two hotel sites in Atlantic City and the former Astor estate
Real Estate Developer in Ft. Myers $16,300,000 128 acres of Prime Developed Land - all rights reserved

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