Bay Point plans mixed-use and residential developments in North Carolina and Georgia

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Bay Point Advisors LLC has finalized a $13.91 million real estate acquisition loan on multiple mixed-use and residential developments planned for Carthage, NC and Athens, GA.

The partners associated with both projects have acquired close to two dozen projects on 1,500+ acres, including single-family and townhome developments as well as mixed-use properties across the Southeast.

In Carthage, Little River Development Partners is purchasing 585+ acres to develop Little River Resort near Pinehurst, which Golf Digest previously named as one of the top three golfing destinations in the world.

The mixed-use development will encompass hotels, 1,200+ residential homes, several restaurants, a winery and micro-brewery, national and local specialty stores, an outdoor amphitheater, and other elements.

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