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Tuesday, April 19, 2022 3:41:02 PM
Florida is BOOMING in real estate right now.
Every one is moving here in droves!!
Press Release: Legion Capital Funds $13 Million Facility for Real Estate Developer
9:09 am ET April 19, 2022 (Dow Jones) Print
Legion Capital Funds $13 Million Facility for Real Estate Developer
Private Equity FinTech Lender continues accelerated growth with expanding real estate market in the United States
ORLANDO, Fla., April 19, 2022 (GLOBE NEWSWIRE) -- Legion Capital (OTCQB: LGCP) a FinTech driven specialized lender, announced the closing of a $16 million loan facility for the development of a mixed-use property in the Central Florida area. The loan facility will be for acquisition, entitlement and horizontal development of the property, which will be a master planned, mixed-use development for approximately 3,000 residential units.
"We are pleased to expand the relationship with a proven developer client through the addition of this exciting new project. Legion has demonstrated the ability to grow its relationships and reach to meet the ever-increasing demand for residential and mixed-use development in the Greater Orlando area," stated James Byrd, Legion Chairman and Co-Founder. "We continue to look for opportunities to expand the Legion footprint throughout our home market and this project is a perfect example of that."
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