Development
The Springs at Arcadia
Myrtle Beach, SC
In Q3 2022 ACRE and Ark Residential successfully closed a forward purchase contract with a national homebuilder in Myrtle Beach, South Carolina. The Springs at Arcadia will offer 150 best in class single family homes for rent ranging from 3 to 4 bedrooms, 2 car garages, and averaging over 1,800 square feet.
Transaction Value
$57M+
Loan Amount