C2R Capital originated a mid–seven-figure senior bridge loan secured by roughly 250 acres near Caddo Mills, within a high-growth corridor east of Dallas. The facility is structured to approximately 55% of the purchase price inclusive of reserves and fees, with a net advance near 45%—requiring substantial sponsor cash equity at closing. A full-recourse guaranty from an experienced Texas land developer further aligns interests and strengthens downside protection.

The business plan focuses on annexation into a local municipal utility district funded from sponsor equity, advancing entitlements, and delivering paper lots to national homebuilders, with initial takedowns targeted for late 2026. Third-party broker land comps support basis and depth of demand, and projected lot proceeds indicate compelling build-out economics. Independent engineering diligence corroborated the market thesis and site fundamentals.

Benefiting from FM 6 frontage, clean topography, and no known environmental issues, the site sits squarely in the path of growth along the I-30/US-380 corridor. With low leverage, meaningful subordinate equity, and multiple exits—including phased builder takedowns, a potential bulk sale, or a MUD bond–driven refinance—the loan presents a first-lien, cash-equity-protected profile with clear visibility to repayment.