---
title: Sétanta has closed a new $12.4MM loan in the Raleigh, NC MSA
description: Sétanta Development Capital announces a new loan closing in the Raleigh, NC MSA. The $12.4MM loan finances land acquisition and development of 220 townhome lots to be acquired by a leading national homebuilder.
---

[Sétanta Announcements & Project Updates](https://setantadc.com/announcements)

# [Sétanta has closed a new $12.4MM loan in the Raleigh, NC MSA](https://setantadc.com/announcements/sétanta-has-closed-a-new-12.4mm-loan-in-the-raleigh-nc-msa)

 Written by [Sétanta DC](https://setantadc.com/announcements/author/sétanta-development-capital) | Apr 28, 2026 4:24:08 PM

Sétanta Development Capital recently closed a $12.4 million loan to finance the acquisition and development of 220 townhome lots in Knightdale, NC.  This represents our fifth opportunity with an A-level sponsor, who is delivering finished lots to a national homebuilder.

[View full post](https://setantadc.com/announcements/sétanta-has-closed-a-new-12.4mm-loan-in-the-raleigh-nc-msa)

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