KEP SC Hillsborough, LLC
Hillsborough, North Carolina
Joint Venture - 2006
Project Currently Under Development
Partners
Edward Kalikow and
Ellis Coleman
Property Information
Acquired approximately 40 acres of fully entitled improved land located off of US Route 70 directly adjacent to the Historic District of Hillsborough, North Carolina from Branch Banking & Trust Company. The Property is believed to currently have land entitlements for: (i) 69-77 single family lots, (ii) 124-142 multifamily units, and (iii) land for up to 15,000 square feet of retail/medical office.
Equity Raised:
$1,800,000.00
Drone Overflight Videos:: November 6, 2019
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Progress Photos: Updated November 6, 2019
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Additional Information:
Related News:
Bloomberg BNA: Real Estate Law & Industry Report
Bank Only Interested in FDIC Funds, Not in Restarting Stalled Project