S3 Capital, a private real estate lender, announced the origination of a $29.75 million construction loan to finance the development of Liva Travelers Rest, a 152-unit multifamily property located at 208 Tubbs Mountain Road in Travelers Rest, S.C
Liva Travelers Rest will be a multifamily community comprising five three-story and seven two-story buildings, totaling 120 apartment units and 32 townhomes, with a mix of one-, two- and three-bedroom residences. Amenities will include a resort-style pool, clubhouse, fitness center, fire pit, dog park and bike barn.
“This transaction represents an important step in our continued nationwide expansion into high-demand U.S. markets and the Sunbelt states,” said Steven Jemal, managing director of origination at S3 Capital. “While this marks our first loan in South Carolina, Travelers Rest sits just across the border from North Carolina and within the broader Charlotte orbit, a market where we’ve been active and continue to
