Dolphin Shores, Supply NC

Purchase Loan: $34,000,000
48 Condos - Prime Waterfront Property

Borrower came to Livvy Corp with a busted construction project. Livvy Corp was able to put together a capital stack allowing the borrower to complete the purchase of the land and financingfor the partially completed condominium development with all site improvements and entitlements. This project is a prime waterfront property located in the intercoastal waterways in North Carolinacomplete with boat docks. Additionally, there are amenities on the site including a security gate to enter the subdivision, 100,000 gallon swimming pool, water fountains, club house and covered parking.