Southeast real estate entrepreneur seeks financing 780+ acres of raw land near the Florida coast.

The Challenge

A successful Florida-based businessman sought financing for the purchase of timber and recreational land on Florida’s East Coast. The man and his wife enjoy hunting, fishing, and wildlife management, and dreamed of expanding their family’s land. In 2014, an exciting $1.8MM opportunity arose. The nearby 780+ acre agricultural property encompassed an existing cow/calf operation plus an abandoned citrus grove. The buyers planned to take advantage of the state’s Conservation Reserve Program, converting the grove to instead grow long-leaf pine trees.

The Solution

With the help of our streamlined loan creation process, AgAmerica Lending was able to quickly create a low-interest rate term loan that helped the family successfully finance their dream recreational land property and protect its valuable resources for generations to come. /