Clearwater Preserve

Acquisition:

  • Clearwater Preserve was discovered by LDI A&D as raw land tucked away behind an existing single family home community.
  • LDI joined forces with a well-respected builder and investment firm to form a partnership with a vision to bring to market single family homes at an attractive price point in a highly desired region of Wilmington.
  • This project was funded with a mix of private equity and traditional A&D financing.

Entitlement & Permitting:

  • LDI led the charge on the 7 month process of establishing companies, performing diligence and securing all local approvals to position the horizontal team to move forward with the land’s highest and best use.

Horizontal construction:

  • LDI Utilities performed all civil contracting and off-site DOT work to bring pad-ready lots to market.

Vertical Construction:

  • The preferred builder team, Logan Homes and H&H Homes, hit the ground running with construction of one and two story single family homes with great success.

Sales and Marketing:

  • Clearwater Preserve’s sales and marketing was led by the builder team in partnership with a national real estate firm, Coldwell Banker SeaCoast Advantage. Each builder saw great success in the sales and marketing of their homes.

Disposition of Asset:

  • All single family homes were purchased direct by consumer who now enjoy all that the Clearwater Preserve community has to offer.

Testimonials

Our firm represented Logan Homes in Clearwater Preserve in Wilmington, NC. Their quality work and ability to work with our clients was FIRST CLASS! All buyers of new homes want to feel as though the builder "really cares" about their new home and the customers definitely experienced that. Working with the Logan Homes staff was easy and they truly listened to our clients and we now have a community of very happy homeowners. It is a real pleasure to work with a building company who truly "gets it" and builds quality homes with tons of value!

Tim Milam President, Coldwell Banker Sea Coast Advantage
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