LFB Ventures was engaged by a private equity group which provides acquisition and development financing to small and medium size real estate developers across the United States, to assist their efforts to restructure an existing first position note they hold for a 2,300+ unit master planned community located in Lake County, FL. The engagement entailed structuring a note participation with fresh equity contributed by a source secured by LFB, creating immediate liquidity for the private equity group while still capturing maximum upside upon future exit from the project.

The subject property is comprised of nearly 40 tax parcels covering approximately 700 acres and is currently entitled for 1,500+ single family homes and 800+ multifamily units.

The expansive project, once developed, will bring much needed affordably priced housing to the Lake County, FL area and will provide homebuilders in the region with ample opportunities to secure new land positions in a highly desirable sub-market.

LFB is actively advising acquisition, development, and construction lenders on the sale and restructure of their existing loans and portfolio of loans.