Seeking $700,000 for 60 day bridge loan for FL ALF\MC property with 20 year operating history and current NOI of $673,000. 50 beds with expansion of 127 beds. $6,500,000 take out loan committed. …Continue
Seeking first mortgage financing for land entitled for 78 water front residential condominium units in Norfolk, VA area. $1,250,000 funding refinances land and creates project working capital for…Continue
Seeking $1,500,000 bridge loan to acquire controlling member interest in debt-free LLC which owns land in major Florida market zoned for 430 multi-family units. One year term. Land will be up-zoned…Continue
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Habit Properties is based on Hilton Head Island, SC and is involved in real estate investment and development, environmental technology investment and development and capital formation for its own account, joint ventures and partnerships, and for third party clients on a fee basis.
Frank Habit II is Managing Member\CEO and has 39 years industry experience. Mr. Habit received his BS Business Administration from the University of North Carolina - Chapel Hill and his MS Real Estate Science and Urban Affairs from Georgia State University. He is a NC CPA with inactive status.
Habit Properties and affiliates have been involved in over $3B of transactions in mixed-use land development, retail\office\hotel\multi-family\single family\marina and golf development in the southeast U.S. Areas of expertise include planing-zoning-entitlements, construction and development management, financing, work outs and restructurings, acquisitions, dispositions, marketing and asset management. The Company also has expertise in cutting edge building systems and interior environmental technologies.
We welcome your contact at email@example.com or 678.596.2711. Thank you.