Builders Capital Expands with New Lending Division, Adds 40+ Team Members

July 31st, 2024 3:12 PM
By: Newsworthy Staff

Builders Capital, a leading real estate financing provider, has launched a new lending division focused on local and regional real estate investor markets, adding over 40 new team members to support this expansion.

Builders Capital Expands with New Lending Division, Adds 40+ Team Members

Builders Capital, the nation's leading provider of real estate financing to private homebuilders, has announced a significant expansion of its loan production operations. The company has added more than 40 new team members to support a new lending division that will focus on the local and regional real estate investor markets, offering loans ranging from $100,000 to $3 million.

The new division, operating under the name Casa Lending, will be led by Jonathan Andrews, formerly the COO of Upright (previously known as Fund That Flip). The name Casa Lending reflects the division's commitment to residential real estate and community development.

Robert Trent, CEO of Builders Capital, expressed enthusiasm about the expansion, stating, "This team comes with deep expertise in small balance fix and flip and ground up construction with an innovative loan product suite dedicated to a market that Builders Capital has not yet tapped into. This strategic investment puts us in an extremely competitive position to capitalize on our goal of being the top private lender in the nation."

Jonathan Andrews, who will lead the new initiative, highlighted the importance of this move for the real estate investment market. "This is a market that has historically been underserved by banks and lacked efficient access to capital, which Builders Capital helps to solve," Andrews said. He emphasized his familiarity with the unique challenges and goals of local and regional real estate investors, gained over a decade of experience in the field.

The expansion follows Builders Capital's recent announcement of a $500 million transaction in growth capital with InterVest, which has fueled the company's growth. As of 2024, Builders Capital has surpassed $10 billion in originated loans across the nation, solidifying its position as a major player in the real estate financing industry.

This expansion is significant for several reasons. First, it addresses a gap in the market for small to medium-sized real estate investors who often struggle to secure financing from traditional banks. By offering loans in the $100,000 to $3 million range, Casa Lending will provide crucial support to a segment of the market that has been historically underserved.

Secondly, the addition of 40 new team members with expertise in small balance fix and flip and ground-up construction loans indicates a substantial investment in human capital. This expansion of talent and resources positions Builders Capital to better serve a wider range of clients and potentially capture a larger market share in the private lending sector.

Lastly, this move aligns with Builders Capital's goal of becoming the top private lender in the nation. By diversifying its loan offerings and targeting a new market segment, the company is strategically positioning itself for continued growth and market leadership.

For real estate investors, particularly those operating on a local or regional scale, this expansion could mean increased access to capital and more flexible financing options. This, in turn, could stimulate growth in the real estate investment sector, potentially leading to more renovation and development projects in communities across the nation.

As the real estate market continues to evolve, moves like this by major players such as Builders Capital could have far-reaching implications for the industry. The expansion not only demonstrates the company's commitment to growth but also highlights the ongoing demand for alternative financing solutions in the real estate sector.

Source Statement

This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,

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