The mezzanine fund manager announced today that it has arranged R430 million of mezzanine funding for the development of Seaton Estates.
Seaton Estates is a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa.
The growth in housing demand is supported by the increased flexibility that South Africans have to work from home.
The Seaton Estates development sits on the prime property with direct, exclusive access to a kilometre stretch of beach frontage.
Seaton comprises 1198 single residential stands, and 29 Planned Urban Developments, over 7 phases.
– The Guardian