Alabama Multifamily Development Land Acquisition
Sector: Commercial • Location: Loxley, Alabama, United States
Source: citybiz
Kennedy Funding closed a $1.5 million land loan for the acquisition of a 41.09-acre fully entitled multifamily development site along Highway 59 in Loxley, Baldwin County, Alabama. The site is approved for 420 multifamily units and was purchased for $3 million. The financing was completed in 18 days with a 9% first-year interest rate to meet a contractual acquisition deadline.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Kennedy Funding closed a $1.5 million land loan for the acquisition of a 41.09-acre fully entitled multifamily development site along Highway 59 in Loxley, Baldwin County, Alabama. The site is approved for 420 multifamily units and was purchased for $3 million. The financing was completed in 18 days with a 9% first-year interest rate to meet a contractual acquisition deadline. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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