Due Diligence in Progress

One of our 2025 goals is adding four lot projects to the Fund; Baltimore Hill is one. Since going under contract, we’ve advanced due diligence, now verifying ownership and wetlands. We plan to close and add it to the Arabella Real Estate Fund in Q3.

April 16, 2025
Adam Whitmire

One of our goals this year is to add four lot development projects to our Fund, and Baltimore Hill is one of them.

Since putting it under contract on January 23rd, we’ve been working through our due diligence checklist.

Today, we’re focused on confirming past property ownership and mapping out any wetland boundaries.

Once we’ve completed due diligence, we plan to move forward with the acquisition and officially bring Baltimore Hill into the Fund sometime in Q3.

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.