May 6, 2012 - Jacksonville FL - Beacon Asset Managers, LLC general partner and sponsor of the Lighthouse family of private equity funds, recently acquired Creekside East in Fruitland, Maryland (south Salisbury, Maryland). The community is located directly across the street from the Lighthouse Hunt Club subdivision that was acquired by Lighthouse Realty Fund, LP in December, 2011. As with the Hunt Club community, all lots located within the Creekside East subdivision are fully finished lots and immediately ready to build custom homes.
Creekside is a mix of duplex lots and single-family lots, some of which are located on a large pond with stunning waterfront views. Creekside and Hunt Club are located within walking distance of The University of Salisbury, a Super Walmart and other shopping, restaurants, banks, and the Peninsula Regional Medical Center, one of the top 100 hospitals in the country. These communities also are convenient to Business Route 13, the Salisbury ByPass, and the resort town of Ocean City, Maryland, Assateague Island, Chincoteague Island, and the Atlantic Ocean.
Managing Member and Project Manager Douglas Brown stated that the acquisition of Creekside and Hunt Club secured for Beacon investors all of the finished lots in the immediate area. Mr. Brown added that he is "excited to bring needed quality housing to the Fruitland, Maryland area and to have a positive impact on the local economy."
8 comments:
I hope for the sake of their investors that they have better luck than some of the other developments in Wicomico County...like the one in Delmar (thats on the wrong side of Line Rd)
I am a bit confused. Where do people work in this area? Am I in another county or reading this incorrectly
Fruitland seems to be about the only town around that has anything going on. I think there are 3 or 4 developments going on right now.
Within walking distance of SU, Wal Mart, and PRMC? lol
10:56
Who would ever want to move to fruitland with those taxes and harassing police officers? I swear theyll pull you over for going 37 in a 35... and then ask you where the marijuana is hidden.
Great place to live if have so much money that you don't need to work to pay the property and other taxes in Fruitland and Wicomico County thanks to Rick Pollitt in each case.
I agree with the "walking distance of SSU, Wally World & PRMC". How many miles do you walk??
If local developers who know the area wont buy it,you know someone from Florida dont have a chance of making it!
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