Construction Loan: Charlotte Townhomes

construction loan Charlotte NC

Project Description

Construction loan for the initial 4 of 20 high-end townhomes units located 10 minutes from South Park / Barclay Downs in South Charlotte. Broadmark financed the land development and infrastructure for all 20 lots leading up to final plat. Borrower was able to capitalize on Broadmark’s unique ability to fund 100% of both land development and vertical construction without requiring any additional equity.

Loan Details

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Charlotte, NC

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August 2019

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