Banyan Bay
LDI A&D | LDI Utilities | Logan Homes
Project Description
Acquisition:
- Banyan Bay was raw land brokered by our LDI A&D team with the developer of the master-planned community Brunswick Forest.
- Banyan Bay is a gated enclave within Brunswick Forest. LDI, along with Funston Land and Timber joined forces to bring Floridian inspired single family homes to the already thriving community.
- This project was funded with a mix of private equity and institutional debt in the form of an acquisition loan.
Entitlement & Permitting:
- Funston Land & Timber handled all entitlement and permitting.
Horizontal construction:
- LDI Utilities deferred all civil contracting and off-site DOT work of bringing pad-ready lots to market to Funston Land and Timber, and this neighborhood was brought to life with two 14-lot phase initiatives.
Vertical Construction:
- Our development team began construction of the oyster tabby wall and gated entrance at the start of the project.
- As the exclusive builder in this enclave, Logan Homes, began construction of multiple model homes that brought the partnership’s vision to life.
Sales and Marketing:
- Through successful branding and an experienced onsite Brunswick Forest sales team, with the support of Logan Homes, the neighborhood saw great result in sales.
Disposition of Asset:
- All single family homes were purchased direct by consumer who now enjoy all the benefits to living in Banyan Bay within Brunswick Forest.
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Testimonials
The Banyan Bay neighborhood presented us with a challenge to find a builder who could take our vision as the developer and bring a new and different neighborhood concept to life. Since we had worked with the Logan team previously on another boutique neighborhood in Brunswick Forest, we knew that this would be a great marriage of developer and builder to bring Banyan Bay to life. The Logan team was a great choice for us.