Palm Beach

1501 Corporate Dr

Suite 240

Boynton Beach, FL 33426

T: 561.588.0132

Atlanta

 

3414 Peachtree Rd NE

Suite 270

Atlanta, GA 30326

T: 772.233.0303

Vancouver

745 Thurlow St

Suite 1700

Vancouver, BC V6E 0C5

T: 604.689.0821

Toronto

401 Bay St

Suite 1404

Toronto, ON M5H 2Y4

T: 416.350.1224

Dallas

5055 Keller Springs Rd

Suite 500

Addison, TX 75001

T: 214.545.0951

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*All figures on this website are denoted in USD$

Lot Development | $18,750,011 |  Zachary, LA
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An Alabama developer has completed the purchase of a 304-acre site near Old Scenic Highway and Flanacher Road for Zachary Trails, a 621-lot neighborhood. Zachary Trails Land Co., headed by Marion Uter of Daphne, Alabama, bought the site with the help of an $18.75 million loan from Trez Forman Capital. Zachary Trails bought the property in early March for nearly $6.7 million, the remainder of the loan will cover development costs. This is the second loan Uter has secured from Trez Forman in Louisiana. In September, he borrowed $2.5 million to develop 362 home sites near Lake Charles that were purchased by D.R. Horton.