Land Banking Fund

Due to the prolonged recession and banking crisis land values have receded to historically low percentage of total development cost. This anomaly  was created by the banks unwillingness to provide or continue financing raw land and lack of demand for new housing and commercial development. This fund will purchase larger tracts of land with repurchase or take down agreements with national or regional builders and developers for specified interest or escalated land prices. As the market continues to recover additional appreciation is anticipated.