Senior Debt established to fund acquisition of 142 acres and commence horizontal construction for Phase I (225-pads) of a 550-pad luxury recreational vehicle resort. Funds will be applied to pay off lenders first mortgage, pay down seller's second mortgage, and complete Phase I construction.Included in the total debt is a pending $5,000,000 participation from Senior Lender.

Senior Debt established to buy previous lender note on a 36-unit planned luxury town home community based within a newly developed 18-hole golf course situated on 420 acres. This enabled the project to get out of financing difficulties and move forward towards completion of development.

Senior Debt established after write down and payoff of lender’s first mortgage on a fully permitted residential development (29 lots and a fully constructed and furnished model home) located within the 1,449-acre Ross Coastal Plain Marsh Reserve. Favorable terms allows borrower to reduce payment amounts over term of loan.

Senior Debt was provided to takeout existing debt and provide funding to complete horizontal infrastructure for a 288-unit high end condominium development located on the Richland Chambers Reservoir, the 3rd largest lake in Texas.

Senior debt provided acquisition and horizontal development of a Recreational Vehicle Resort Park to obtain Certificate of Occupancy. Project included 445 sites and a 20-acre lake.

Lender provided Mezzanine Debt on a Hotel Condo Conversion in need of construction funds for the completion of renovations. The facility has 200 units and is located 1 mile from the University of Notre Dame. Overall exposure including Senior Debt was a conservative 40% LTV.

Line of Credit provided to enable borrower to continue operations and obtain final plat approval for a lakefront condominium development. Favorable terms enable borrower to receive maximum funding for continuation of day-to-day marina activities.