---
title: Sétanta has closed a new $29MM loan in the Salt Lake City, UT MSA
description: Setanta Development Capital announces a new loan closing in the Salt Lake City, UT MSA. The $29MM+ loan will finance development of 308 total residential lots to be constructed upon by a leading national homebuilder.
image: https://setantadc.com/hubfs/Fox%20Hollow%20Tombstone.png
---

[![Setanta Logo](https://setantadc.com/hubfs/Logos/Setanta_Logo.png)](https://www.setantadc.com/)

- [HOME](https://setantadc.com)
- [ABOUT](https://setantadc.com/about)
- [OUR TEAM](https://setantadc.com/team)
- [LOT LOAN PROGRAM](https://setantadc.com/platform)
- [ANNOUNCEMENTS](https://setantadc.com/announcements)

[CONTACT US](https://setantadc.com/contact)

SÉTANTA ANNOUNCEMENTS & UPDATES

# Sétanta has closed a new $29MM loan in the Salt Lake City, UT MSA

[![Share on facebook](https://setantadc.com/hubfs/Social%20Sharing%20Icons/facebook_icon.svg)](http://www.facebook.com/share.php?u=https%3A%2F%2Fsetantadc.com%2Fannouncements%2Fs%C3%A9tanta-has-closed-a-new-29mm-loan-in-the-salt-lake-city-ut-msa%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on linkedin](https://setantadc.com/hubfs/Social%20Sharing%20Icons/linkedin_icon.svg)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fsetantadc.com%2Fannouncements%2Fs%C3%A9tanta-has-closed-a-new-29mm-loan-in-the-salt-lake-city-ut-msa%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on twitter](https://setantadc.com/hubfs/Social%20Sharing%20Icons/twitter_icon.svg)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fsetantadc.com%2Fannouncements%2Fs%C3%A9tanta-has-closed-a-new-29mm-loan-in-the-salt-lake-city-ut-msa%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fsetantadc.com%2Fannouncements%2Fs%C3%A9tanta-has-closed-a-new-29mm-loan-in-the-salt-lake-city-ut-msa%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=)

![Sétanta DC](https://setantadc.com/hubfs/Logos/setenta_circle_logo_2.png)

 Written by: [Sétanta DC](https://setantadc.com/announcements/author/s%C3%A9tanta-development-capital)

 Published:  Feb 25, 2026 10:28:20 AM

Setanta Development Capital recently closed a $29 million loan to finance the development of 308 total residential lots (mix of THs and SFD) in Saratoga Springs, UT.  This loan is our third opportunity to work with this high-quality development sponsor and in a market that we feel very positive about.

## Leave a Comment

[![Setanta Logo - Footer](https://setantadc.com/hubfs/Logos/Setanta_Logo_Footer_Light_2.png)](https://www.setantadc.com/)

Sétanta Development Capital  
5970 Fairview Road, Suite 610  
Charlotte, NC 28210

### Company

- [About](https://setantadc.com/about)
- [Our Team](https://setantadc.com/team)

### Solutions

- [Lot Loan Program](https://setantadc.com/platform)

### Resources

- [Announcements](https://setantadc.com/announcements)
- [Contact Us](https://setantadc.com/contact)

 © 2024, Sétanta Development Capital. All Rights Reserved.

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Sétanta DC",
    "url" : "https://setantadc.com/announcements/author/sétanta-development-capital"
  },
  "dateModified" : "2026-02-25T15:28:20.534Z",
  "datePublished" : "2026-02-25T15:28:20.000Z",
  "headline" : "Sétanta has closed a new $29MM loan in the Salt Lake City, UT MSA",
  "image" : [ "https://setantadc.com/hubfs/Fox%20Hollow%20Tombstone.png" ],
  "mainEntityOfPage" : {
    "@id" : "https://setantadc.com/announcements/sétanta-has-closed-a-new-29mm-loan-in-the-salt-lake-city-ut-msa",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://setantadc.com/hubfs/Logos/Setanta_Logo.png"
    }
  }
}
```