Churchill Stateside Group Closes Record Setting Preserve at Hanover Park Completing Largest USDA-RD 538 Loan in U.S. History, $53.8M
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CLEARWATER, Fla.--(BUSINESS WIRE)-- #CSG--Churchill Stateside Group, LLC (“CSG”), a real estate and renewable energy financial services company, is pleased to announce the closing of the Preserve at Hanover Park in Beaufort, South Carolina. The financing for Preserve at Hanover Park is provided by Churchill Mortgage Investment LLC (“CMI”), a subsidiary of CSG. This $53,875,000 Construction Advance Loan marks the largest USDA-RD 538 loan in U.S. history providing financing for both the construction and
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