Received Additional Comments on Permit

On January 23, we placed Baltimore Hill under contract and began due diligence. In April, we submitted plans to the city for permitting. In May, we received comments and are now addressing them. Upon approval, we will finalize due diligence and close on the project.

May 14, 2025
Adam Whitmire

On January 23, we placed Baltimore Hill under contract and immediately began due diligence.

In April, we submitted our full development plans to the City of Huntsville for permitting approval.

This month, we received the city’s initial comments and are actively addressing each item.

Once permitting is approved, we will complete final due diligence and officially close on the 60.2-acre project in Q3 2025, bringing it into the Arabella Real Estate Fund.

More Projects Update

Water & Electrical Utilities Installed

Filip Bondas
May 29, 2026

We previously completed horizontal development on the 41-lot short phase within Phase 2, and the plat has been submitted and approved. In the remaining section of the property, water and electrical utilities are in place, with base and curb work next.

Received CO on 9 Units

Filip Bondas
May 28, 2026

Nine units in Phase 1 are finished, with Certificates of Occupancy in hand and ready for lease-up. Five more units on Lots 58 through 62 are being brought to CO, and the building permit application for the next 18 lots has been submitted ahead of vertical construction.

Two New Luxury Rentals Live

Filip Bondas
May 27, 2026

Two more properties recently went live, one outside Clearwater, Florida and one lakefront in the Poconos, both five-bedroom, eight-bed homes with full amenity packages. Since acquiring 142 rentals in December 2024, the portfolio has grown to 153 units.