A fund to acquire, assemble and / or entitle land parcels throughout the Southeastern U.S. and a development venture to perform vertical and horizontal developments on those parcels (the latter not included in the figures below).
| Total Capitalization: | $225.0 million |
| Total Equity: | $125.0 million |
| Investor: | $112.5 million (90%) |
| Operator: | $12.5 million (10%) |
| Leverage: | 45% |
| Term: | 10 Years |
| Closing Date: | November 2007 |
| Press Release: | Download |