The Reserve at Beaumont Oaks Apartments

Project Description

NOW LEASING –  CLICK HERE TO BE REDIRECTED TO THE LEASING WEBSITE 

Acquisition:

• The Reserve at Beaumont Oaks was acquired by our LDI A&D team.
• LDI started with a vision of a development comprised of single family, townhomes and luxury apartment homes in a highly sought after location in North Wilmington. A private equity group formed a partnership with LDI to bring this vision to life.
• This project was funded with a mix of sponsor equity, private equity and institutional debt in the form of a Commercial A&D loan. LDI secured the loan with an institutional bank.

Entitlement & Permitting:

• LDI took on the year-long challenge of complex local approvals and detailed negotiations to bring this project to life. LDI provided LDI Commercial with optimized site plans, layouts, and permits in hand.

Horizontal construction:

• LDI Commercial bids and manages all civil contracting and off-site DOT work to prepare the site for vertical construction.

Vertical Construction:

• LDI Commercial bids and manages all vertical construction including entrance, amenities, building and garage construction.

Sales and Marketing:

• LDI is partnering with a premier multi-family property management firm, which specializes in a wholly integrated package of services to reflect client goals, market dynamics/conditions, and property needs.
• This project is in a highly-sought after part of Wilmington, in a prime location to area beaches, shopping, dining, and quick access to the main highways in and out of Wilmington. Demand is already high for this new development and continues to build.  A forward sale opportunity on this project may be available. Inquire for more details.

Disposition of Asset:

• The Reserve at Beaumont Oaks will be a merchant-built project. This asset will become available for purchase in the coming months, inquire for details on this new development.

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