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Updated over 2 years ago on . Most recent reply

Account Closed
  • Lender
11
Votes |
48
Posts

Builders & Developers What Are You Seeing In This Market Shift

Account Closed
  • Lender
Posted

Good evening BP family, 

As I'm sure a lot of you know it's getting pretty pricey to borrow money due to the events that have happened over the past 60 days. I'm an underwriter for a private lending firm based in Austin, TX and I am looking to build relationships with developers and builders. It seems over the past year we went from high cost of materials to build to high being a bit expensive to borrow money for projects especially if you are new in this space. I am curious to what you are seeing and what your expectations are moving forward. 

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