Hemingway Apartments

Myrtle Beach, SC

Acquired

December 2018

Developable Unit

Buildable Land

Estimated Value

$3 million

Multifamily apartments over 2 individual buildings

Currently 1 building of 12 units is stabilized, the other building of 18 unit is expecting CO in 2022

Douglasville, GA

Brookwood Crossing

Acquired in Dec July 2018

$6 million acres of buildable land

36 developed lots developable unit density

10 Detached single family homes built and sold

We are currently building the second phase of the project

McCalla, AL

Cheshire Park

Acquired in 2016

93 homes built and sold developable unit density

Estimated completed value of $22 million

Detached single family homes for sale. A combination of 30 developed lots, and buildable land for additional 91 units.

Currently in completion of the last phase of construction

Porterdale, GA

Cedar Shoals

Acquired in Jan 2020

243 acres of buildable land

1,225 developable unit density

Estimated completed value of $350 million

341 single family homes, 164 townhomes & 720 multifamily; with 25 acres of commercially zoned land

Amended zoning to achieve increased density, breaking ground in March 2021 in our first phase single family home construction, and pre-development of our first phase of multifamily