Dear BAG Clients and Friends,

We are pleased to announce that our affiliate, Avila Real Estate Capital (AREC), has successfully closed a $30+ million land acquisition and development loan in Mt. Olive, New Jersey. Our borrowers are focused on developing lots for builders, including a notable private builder who has successfully developed lots for both themselves and national builders.

Through AREC’s proprietary fund, we act as the lead lender and have originated over $800 million in land acquisition and development loans, making us one of the largest lenders by dollar volume in the U.S. We are set to close another $30 million land acquisition and development loan in Pennsylvania, further strengthening our presence in the region.

Additionally, we have opened our new office located outside Philadelphia, strategically positioned to service markets in the Mid-Atlantic region. This expansion aligns with our commitment to better serve our growing client base in these areas.

If you are interested in learning more about AD&C capital availability for your project, please don’t hesitate to reach out to our team members listed below.

We hope you have a wonderful 4th of July!