Case Study

Apr 24, 2026

Greenville, TX: Entitled Residential Land

Greenville, TX

a group of tall buildings under construction

C2R Capital provided a senior bridge loan secured by 70.31 acres of fully entitled residential land in the Greenville, TX market, northeast of Dallas. The collateral carries an approved preliminary plat for 186 single-family lots with confirmed water and sewer serviceability — positioned for a near-term transition into horizontal construction financing or a bulk builder sale.

C2R structured the facility at conservative leverage with a 6-month interest reserve, full personal and corporate guarantees, and a clear takeout path via horizontal construction loan. The low loan-to-value positioning and substantial sponsor equity at closing provided strong downside protection while giving the sponsor the liquidity needed to advance entitlements and coordinate the next phase of development.

This transaction reflects C2R's repeat-relationship approach — the sponsor is an established C2R borrower with a track record of performance — and demonstrates the lender's comfort underwriting land positions where entitlement clarity, conservative structure, and sponsor quality converge.



Loan Summary

Loan Amount

$4,600,000

Collateral

1st Lien on approximately 70.31 AC of entitled residential land;

Term

12 Months

/ Have a deal ready for review?

We're deploying our $100 million fund in Q1 '26.

Have your deal reviewed within 72 hours by our decision-makers.
Careers Image