Projects

Ashbury Associates Residential I

K&S Mebane Residential I, LLC
Mebane, North Carolina
Joint Venture
Year: 2005

Partners

Edward Kalikow and William Spang

Bank

RBC Centura Bank – $5,650,000 (Acquisition Loan)

Property Information

The Joint Venture has developed 235 out of the 260 lots and builders have purchased 220 of the 235 developed lots. Cimarron Homes continues to purchase lots on a quarterly basis.

Equity Raised

$1,200,000