Alabama Multifamily Development Land Acquisition
Sector: Residential • Location: Loxley, Alabama, United States
Source: PR Newswire
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 the borrower is purchasing the site for $3 million. The financing was completed in 18 days to meet a contractual acquisition deadline.
- Status
- Closed
- Sector
- Residential
- Location
- Loxley, Alabama, United States of America
- Updated
- 22 Jul 2026
- Source
- PR Newswire
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
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 the borrower is purchasing the site for $3 million. The financing was completed in 18 days to meet a contractual acquisition deadline. |
Original sector | Built Sector |
Budget |
Location
Country | United States of America (USA) |
State | Alabama |
City | Loxley |
Source
Source | PR Newswire |
URL |
More Details
Record type | Project |
Sector | Residential |
Article published date | 2026-07-19 |
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