Blockchain Registration Transaction Record

Greysteel Secures $93M Loan for NC Master-Planned Community

Greysteel arranges $93M construction loan for 2,000+ lot NC community. Senior financing supports master-planned residential development with major homebuilder commitments.

This transaction demonstrates continued confidence in residential development markets despite higher interest rates and selective lending conditions. For homebuyers, it signals the coming availability of over 2,000 new single-family homes in Brunswick County, addressing housing supply constraints in a growing region. For developers and investors, it showcases successful financing strategies for large-scale projects in challenging capital markets, providing a blueprint for navigating complex loan structures and refinancing scenarios. The deal also highlights the importance of experienced advisory firms in securing flexible financing that can adapt to project evolution, which is crucial for maintaining development momentum in uncertain economic conditions.