When we reorganized our debt structure earlier this year, our two main goals were to take care of our employees and our residents, and to continue our efforts to build up and build out the community. We accomplished both of those objectives
Bluffton, SC (PRWEB) January 23, 2014
This sales and activity report is especially noteworthy because Hampton Lake, LLC, the development entity of the Hampton Lake community, began reorganizing its debt structure last spring through a Chapter 11 filing. As of January 8, 2014, Hampton Lake, LLC officially emerged from the reorganization and has lived up to the pledge of “business as usual” for the community, the Club, the owners and the entities’ employees.
“When we reorganized our debt structure earlier this year, our two main goals were to take care of our employees and our residents, and to continue our efforts to build up and build out the community. We accomplished both of those objectives. We look forward to another successful year in 2014,” said Mr. Reed.
Hampton Lake is a Reed Group community and is located off of Bluffton Parkway. Homesites are priced from the mid-$60s while waterfront homesites are priced from the low $120s. Home/homesite packages are priced from the high-$300 to $900+. For more information on Hampton Lake, go to http://www.hamptonlake.com.
About Hampton Lake
Construction on Hampton Lake began in 2006. Since that time, it has grown into a flourishing, family-friendly community complete with a 165-acre freshwater lake, pools, clubhouse, workout facility, spa, dog park and boating facility. In 2008 and 2009 respectively, it was named “Best Community Facility, 151 Homes and Over” and “Best Community, 151 Homes and Over” by the National Association of Homebuilders and Professional Builder Magazine.
About Reed Group
With more than 40 years in business, Reed Group is a diversified real estate company managing the planning, development, operation, marketing and sales of master planned communities and their amenities throughout the Hilton Head Island / Bluffton, South Carolina area. The company’s five flagship communities – Colleton River, Belfair, Berkeley Hall, Hampton Hall and Hampton Lake – encompass more than 5,200 acres. The Reed Group’s RG Materials and RG Realty were launched in 2013 to manage existing entities and expanding opportunities throughout the region.