Sétanta Development Capital Raises $100M for Residential Real Estate Financing

Sétanta Development Capital Receives $100M Credit Facility From Victory Park Capital

Sétanta Development Capital Receives $100M Credit Facility

Key Highlights:

  • Company Overview: Sétanta Development Capital is a residential real estate financing provider based in Charlotte, NC.
  • Credit Facility: Secured a $100 million credit facility from Victory Park Capital.
  • Acquisition and Development Financing: Funds will be used to support acquisition and development financing for residential land developers.

Sétanta Development Capital's Target Market

  • Residential Land Developers: Developers seeking financing for land acquisition and horizontal improvements for residential real estate projects.
  • Homebuilders: Builders interested in purchasing developed land for constructing single-family residences and townhomes.
  • Real Estate Investors: Investors looking for opportunities to finance residential real estate development projects.

What Sétanta Development Capital Needs to Buy

  • Additional Capital: Seeking additional capital to expand its credit facility and support more residential land development projects.
  • Partnerships with Developers: Collaborating with residential land developers to provide financing solutions for their projects.
  • Marketing and Sales Support: Engaging with marketing and sales service providers to promote its financing services to target customers.