Builders Capital, a leading real estate financing provider, has significantly expanded its operations by launching Casa Lending, a new division aimed at serving local and regional real estate investors. This move introduces loan offerings ranging from $100,000 to $3 million, a market segment previously untapped by the company. The expansion is led by Jonathan Andrews, a seasoned executive with extensive experience in real estate investment, underscoring the company's commitment to addressing the unique needs of this sector.
The initiative is backed by a $500 million growth capital transaction with InterVest, highlighting the financial robustness and strategic vision of Builders Capital. With over $10 billion in originated loans nationwide, the company's foray into this new market segment is poised to enhance its position as a top private lender. Casa Lending's focus on residential real estate and community development aligns with Builders Capital's existing expertise in the construction industry, offering a tailored financial solution to small-scale investors.
Robert Trent, CEO of Builders Capital, emphasized the strategic importance of this expansion, noting the team's deep expertise and innovative loan products designed to meet the demands of the fix and flip and ground-up construction markets. This expansion not only diversifies Builders Capital's service offerings but also addresses a critical gap in the market, where local and regional investors have historically faced challenges in accessing efficient capital.
The launch of Casa Lending is expected to have a ripple effect on the real estate investment landscape, potentially increasing activity in local markets and fostering community development. By providing more accessible financing options, Builders Capital is enabling a broader range of investors to undertake renovation and construction projects, contributing to economic growth and revitalization in underserved areas.
Furthermore, the addition of over 40 new team members to spearhead this initiative represents a significant investment in human capital, enhancing the company's capabilities and service quality. As the real estate market continues to navigate post-pandemic economic challenges, Casa Lending's focus on speed, customer service, and execution is timely, offering much-needed support to investors who play a pivotal role in shaping local communities.
