INSIGNIA Financial Services Expands Residential Construction Financing Options for Homebuilders and Developers

INSIGNIA Financial Services expands residential construction financing options for local and regional spec builders, including access to cutting edge BIM technology and national accounts discounts and bulk pricing with key vendor partners. End Quote

(1888PressRelease) February 05, 2024 - INSIGNIA Financial Services, LLC, a leading commercial real estate lender, today announced the expansion of its residential construction financing options to provide spec home builders and developers with greater flexibility and access to capital. The new offerings include expanded Acquisition, Development, Construction, and Bridge financing, delivered through single asset loans, portfolio loans, and revolving credit facilities.

“We understand the unique challenges and opportunities faced by local and regional residential builders and developers,” said John Morelli, Managing Partner at INSIGNIA Financial Services. “Our expanded financing solutions are designed to provide home builders and developers with the capital they need to execute their visions and achieve their project goals.”

Highlights of the expanded product offerings:

All-In-One Loan: This custom-designed loan combines lot purchase, horizontal development, and vertical construction financing into a single package, perfect for creating new communities from the ground up.

New Construction Loan: Tailored for both entitled lots and existing construction projects, this loan supports development of single-family homes, condos, townhomes, and 2-4 unit properties.

Bridge Loan: Designed to bridge the gap between construction phases or acquire completed homes for investment, this loan applies to single-family homes, condos, townhomes, and 2-4 unit properties.

Builder Aggregation Line: Offering capital recycling over a 24-month period without additional origination fees, this line supports projects from land development to vertical construction.

Beyond financing, INSIGNIA Financial Services also offers value-added services to its clients, including:

National Account Discounts: Leverage bulk buying power for material purchases through preferred vendor partnerships.

Cutting-Edge Technology: Access project management, accounting, and BIM software tools to streamline operations.

With these expanded offerings and additional services, INSIGNIA Financial Services is positioned to be a comprehensive partner for residential developers and builders, supporting their projects from start to finish.

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