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 design and pre-sale marketing to trigger construction loan exit. Site is developed and construction ready with all utilities in place. Last MAI appraised at $3,948,000. Very experienced development team with long track record in this market. Principals and direct brokers only please. Frank Habit fhabit@gmail.com, 678.596.2711. Thank you.