Legacy Point opens escrow with Lexington-based Jett Title for sustainable residential development anchored by a Jack Nicklaus Signature™ Golf Course

June 01 04:22 2017

LEXINGTON, KY – 1 Jun, 2017 – Legacy Point Development has opened escrow with local Lexington firm, Jett Title.  Legacy Point is shaping itself to be one of the country’s premier sustainable residential development projects. Anchored by a Jack Nicklaus Signature™ Golf Course, a clubhouse, and a lifestyle, wellness and activities center, Legacy Point is located just outside of Lexington in the City of Wilmore.

We believe the pieces are all together and the timing is right to launch a project of this caliber forward”, said John C. Loudon, Managing Member of Legacy Point.

There are several key factors which have brought the Legacy Point Development to this point:

  1. As of the end of last year, Legacy Point optioned additional strategic lands for development, and the City of Wilmore has annexed these properties and approved the preliminary plat.
  2. At the beginning of the year, Lexington was ranked by SmartAsset at No. 2 on a list of the 80 largest cities in the country to retire early.  This ranking was based upon Lexington’s low cost of living and affordable healthcare.
  3. Real estate prices continue to flourish in the Lexington Metropolitan area because of demand and a lack of inventory.
  4. The Lexington economy is well-diversified and continues to show tremendous strength around this vibrant family community.

Our strategy and vision for the development remains consistent: To pass on the inherent equity in the project to those early visionaries and members, providing them tremendous value and upside for their investment.  Based upon today’s market conditions, we have competitively priced our lots to the current market value—irrespective of the $50,000 equity club membership that is included with every lot, the additional complimentary club membership, discounted club dues and quality community facilities. Legacy Point will be an affordable luxury residential community, nestled in the rolling hills of horse farm country, and with an emphasis on world-class golf and a whole lot more. It will become a way of life!

The Legacy Point development team has met with most all local lenders in the area in order to share their conservative strategy for the development.  Those lenders have responded with very attractive financing options for Founding & Charter Members, and are excited about the opportunity to participate in the project via lot financing and subsequent vertical construction.  Early Members will have the option to sell their real estate at any time and retain their Founding or Charter club membership.  Many prospective members have expressed interest in venturing with local builders in order to take advantage of the shortage of quality real estate investment opportunities in the local area. This is tremendous value to the local real-estate investor or those seeking a residential community with the highest living standards!

We continue to be proud members of the Lexington community and we’re even more excited for the community to be a part of this project,” said Byron L. Holley, Managing Member of Legacy Point.

Start your Legacy today! An overview of the project can be viewed at LegacyPointDev.com

For more information, please contact Byron L. Holley at (859) 327-4268 or via email at BHolley@LegacyPoint.com, or John C. Loudon at (404) 497-0264 or via email at JLoudon@LegacyPoint.com

About Legacy Point Capital:

Legacy Point Capital is a middle-market investment banking and advisory firm focused on providing transactional financial engineering services. Through our strategic partners, we utilize debt, equity, wealth accumulation and structured finance strategies for our clientele. Legacy Point structures alternative financing in investing and lending markets. Our team of seasoned veterans and affinity relationships has completed over one billion dollars of financing and capital raises. 

For more information, visit: LegacyPointDev.com / LegacyPoint.com

A Jack Nicklaus Signature™ Golf Course is a trademark of Nicklaus Companies, LLC, and is being used under license from its subsidiary, Nicklaus Design, LLC, in conjunction with its agreement to design the proposed golf course at Legacy Point. Although Jack Nicklaus has agreed to act as the principal designer of the proposed golf course, neither Mr. Nicklaus nor any of his affiliates, including Nicklaus Design, LLC and Nicklaus Companies, LLC, will be involved in the development or financing of the Legacy Point project. None of such persons has agreed to review or endorse the structure or merits of any proposed offering to investors, nor have they authorized anyone to make any representation or provide any assurances on behalf of any of them regarding the future prospects of the project or value of any securities sold in connection therewith. 

For more information on Jack Nicklaus or Nicklaus Design, visit: Nicklaus.com

Media Contact
Company Name: Legacy Point Capital, LLC.
Contact Person: Byron L. Holley / John C. Loudon
Email: Info@LegacyPoint.com
Phone: (859) 327-4268 / (404) 497-0264
Country: United States
Website: www.LegacyPointDev.com

  Categories: