All Forum Posts by: Alton Swann

No the land is currently under contract. 

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it. The location is prime—adjacent to a college that has experienced 37% population growth over the past five years. It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices. The county is the second fastest-growing in the U.S. and the fastest in North Carolina.

The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.

I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured. Specifically, I’d like guidance on what to offer the investor(s) for the use of their funds over a 12-24 month period. What terms or incentives would be appropriate to attract investors for this timeline? I’m currently at BPCon Cancun if anyone would like to meet in person.

Thank you! 

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it. The location is prime—adjacent to a college that has experienced 37% population growth over the past five years. It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices. The county is the second fastest-growing in the U.S. and the fastest in North Carolina.

The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.

I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured. Specifically, I’d like guidance on what to offer the investor(s) for the use of their funds over a 12-24 month period. What terms or incentives would be appropriate to attract investors for this timeline?

I’m currently at BP Con Cancun if anyone wants to meet in person.

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it. The location is prime—adjacent to a college that has experienced 37% population growth over the past five years. It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices. The county is the second fastest-growing in the U.S. and the fastest in North Carolina.

The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.

I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured. Specifically, I’d like guidance on what to offer the investor(s) for the use of their funds over a 12-24 month period. What terms or incentives would be appropriate to attract investors for this timeline?

I’m currently at BP Con Cancun if anyone wants to meet in person. 

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it. The location is prime—adjacent to a college that has experienced 37% population growth over the past five years. It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices. The county is the second fastest-growing in the U.S. and the fastest in North Carolina.

The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.

I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured. Specifically, I’d like guidance on what to offer the investor(s) for the use of their funds over a 12-24 month period. What terms or incentives would be appropriate to attract investors for this timeline? I’m currently at BPCon Cancun if anyone would like to meet in person. 

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it. The location is prime—adjacent to a college that has experienced 37% population growth over the past five years. It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices. The county is the second fastest-growing in the U.S. and the fastest in North Carolina.

The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.

Thank you that helps. 

Hi Omer I'm also curious about these sites, have you tried any of them?

I'm considering posting a development project on one of them for funding, but I'm not sure which one if any of these is worth it.