Investment and Oversight
At Touchstone, we are committed to keeping our investor money at work, continuously seeking opportunities to acquire and develop undervalued or undeveloped properties, in an effort to maximize financial returns for our partners.
Transaction Summary
Touchstone quickly moved to put a raw piece of land in Hull under agreement, putting $300k of investor money to work, along with a $1.2m construction loan for 5 brand new condominiums. We managed the process from initial acquisition of the raw land, through town approval, permitting and ultimately the ground up construction. The result were 5 beautifully constructed condominiums, as well as landscaping improvements to the town owned park adjacent to the property. Great for the community, and for our partners, earning North of a 30% return on their investment. Touchstone has the experience to successfully manage a project through all phases of financing, municipal approvals, and construction.
