Reserve at Masonboro
LDI A&D | LDI Realty | LDI Utilities | Logan Homes
- The Reserve at Masonboro was sourced by our LDI A&D team.
- LDI had a vision to bring to market an amenitized low maintenance single family development in Wilmington, NC.
- This project was funded with a mix of private equity and institutional debt in the form of a traditional A&D loan.
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.
- LDI Utilities performed all civil contracting and off-site DOT work to bring pad-ready lots to market.
- In traditional LDI fashion, our team began amenity and entrance construction at the start of the development, displaying the vision of the community from the onset.
- Logan Homes, hit the ground running with construction of one story single family homes with great success.
Sales and Marketing:
- Through a dynamic sales process, led by Logan Homes, we saw great success in the sales and marketing of these homes.
Disposition of Asset:
- All single family homes were purchased direct by consumer who now enjoy a coastal lifestyle in Wilmington, NC.