Curated News
By: NewsRamp Editorial Staff
April 09, 2024

Builders Capital Announces $500 Million Strategic Partnership with InterVest Capital Partners

Reddit Discuss on RedditDiscuss on Substack Discuss on Substack
Source News Release

TLDR

  • Builders Capital forms a strategic partnership with InterVest, receiving up to $500 million in growth capital.
  • The partnership allows Builders Capital to aggressively expand its platform and provide creative financing solutions to homebuilding customers.
  • This partnership will help address the supply and demand imbalance for new construction single family homes, making homeownership more accessible.
  • InterVest's commitment to provide up to $500 million in growth capital to Builders Capital creates exciting opportunities for the homebuilding industry.

Impact - Why it Matters

The strategic partnership between Builders Capital and InterVest Capital Partners represents a major financial commitment and a significant opportunity for expansion in the homebuilding industry. This news is important for anyone involved in real estate development, construction lending, or homebuilding, as it signals a potential shift in the landscape of financing solutions available. The partnership also highlights the confidence of high-quality partners like InterVest in the strength and potential of Builders Capital's platform.

Summary

Builders Capital recently closed a transaction with InterVest Capital Partners, forming a strategic partnership that results in a commitment of up to $500 million in growth capital and InterVest acquiring a strategic minority interest in Builders. The partnership aims to aggressively expand the platform and continue to provide creative financing solutions to homebuilding customers. Guggenheim Securities, LLC and Perkins Coie acted as financial and legal advisors to Builders Capital, while Piper Sandler & Co. and O’Melveny & Myers advised InterVest Capital Partners. The partnership represents a significant opportunity for both companies to capitalize on the supply and demand imbalance for new construction single family homes, with Builders Capital poised to become the lender of choice in the industry.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Builders Capital Announces $500 Million Strategic Partnership with InterVest Capital Partners

blockchain registration record for the source press release.