Georgia project.Georgia Project: Canyon Capital Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Advisors has provided a $28 million bridge loan to Vallambrosa Development Co. for the acquisition and development planning of more than 8,000 acres of land near Savannah Savannah, city, United States Savannah, city (1990 pop. 137,560), seat of Chatham co., SE Ga., a port of entry on the Savannah River near its mouth; inc. 1789. , Ga. The property borders the Ogeechee River Ogeechee River is a 230 mile long river in the U.S. state of Georgia. It heads at the confluence of its North and South Forks, about 2.5 miles SSW of Crawfordsville and flowing generally SSE to Ossabaw Sound about 16 miles south of Savannah. and Vallambrosa plans a luxury residential golf community and resort with 2,300 homes. The project, Vallambrosa Plantation, will feature luxury amenities such as a five-star resort hotel, an 18-hole golf course, a clubhouse, equestrian equestrian a rider of horses. facilities and a marina. Developers will use the loan funds to finish the site plan for the project, go through the permit process and market and sell home sites to regional and national builders. |
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