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 launch a new lending division, marking a substantial growth in its workforce and service offerings.
The new division, operating under the trade name Casa Lending, will focus on originating loans for the local and regional real estate investor markets. These loans will range in size from $100,000 to $3 million, addressing a market segment that Builders Capital has not previously served.
Jonathan Andrews, formerly the COO of Upright (previously known as Fund That Flip), will lead the new team. The choice of the name Casa Lending reflects the division’s commitment to residential real estate and community development, aligning with Builders Capital’s existing focus on the construction industry.
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.’ Trent emphasized that this strategic investment positions the company competitively in its goal to become the top private lender in the nation.
The expansion comes on the heels 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, demonstrating its significant presence in the real estate financing market.
Jonathan Andrews, who will lead Casa Lending, highlighted the importance of this new initiative. He noted that the market they are targeting has historically been underserved by banks and lacked efficient access to capital. Andrews’ decade of experience working with local and regional real estate investors has given him insight into their unique challenges and goals, which he plans to address through this new division.
The expansion of Builders Capital into this new market segment is significant for several reasons. First, it demonstrates the company’s commitment to growth and diversification of its services. By targeting local and regional real estate investors, Builders Capital is tapping into a potentially lucrative market that has been underserved by traditional financial institutions.
Secondly, this move could have a substantial impact on the real estate investment landscape. By providing more accessible financing options for smaller-scale investors, Casa Lending could potentially stimulate increased activity in local real estate markets across the nation. This could lead to more renovation projects, new construction, and overall community development in areas that might have struggled to attract investment previously.
Lastly, the addition of 40 new team members represents a significant investment in human capital. This expansion not only creates new job opportunities but also brings a wealth of expertise to Builders Capital, potentially enhancing the company’s overall capabilities and service quality.
As the real estate market continues to evolve, particularly in the wake of recent economic challenges, the launch of Casa Lending by Builders Capital represents a strategic move to address changing market needs. By focusing on speed, customer service, and execution, the new division aims to provide valuable support to real estate investors who play a crucial role in shaping local communities and driving economic growth.
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