C2R Capital originated a senior bridge loan secured by approximately 108 acres of pre-entitled residential land in Lockhart, TX, within the Austin-San Antonio growth corridor. The collateral sits near State Highway 130 and benefits from significant frontage, available utilities, and national homebuilder interest.

Loan proceeds were used to fund entitlement and pre-development costs for a planned residential development. The project is supported by a pending lot purchase agreement with a national homebuilder covering approximately 510 finished single-family residential lots.

C2R structured the facility at reasonable leverage with a first-lien position, 12-month interest reserve, and full personal guarantee. The combination of conservative basis, sponsor equity, and a pending lot purchase takeout provided strong downside protection while supporting the next phase of development.

This transaction reflects C2R's focus on land and development financing where sponsor quality, collateral basis, entitlement path, and repayment visibility align.