10:00 AM - 11:00 AM
Las Vegas Convention Center, South 221
Format: Building Knowledge Session
Level of Content: Intermediate
Track: Financing Strategies, Market Forecasts & Legal
Continuing Education: NAHB - 1.00 CE hour(s), NKBA - 0.1 CEU(s)
Appropriate for: Single Family - Small Volume Builders, Land Development, Single Family - All
Moderator(s):
Tom Farrell, Landmark Capital Advisors, Newport Beach, CA
Speaker(s):
Bruce Beck, Citizen's Business Bank, Ontario, CA
Loren Borstein, Borstein Enterprises, Los Angeles, CA
Charles Salas, Seattle Funding Group of CA, San Diego, CA
What It’s About:
Small volume builders face unique challenges when it comes to financing their new home communities. This session will cover both debt and equity financing options, project acquisition, development and construction opportunities and trends for small volume builders, and the types of projects most likely to get financed in today's marketplace. You'll hear solutions for addressing the most common financing challenges, as well as insight into the types of developments and companies with whom today's lenders and equity providers are looking to align.
What You'll Learn:
Learn the various debt and equity finance vehicles available today for financing the new home communities of small volume builders.
Review current market dynamics and recognize the unique challenges this presents to a small builder's ability to obtain capital.
Understand the difference between bank and non-bank lenders and what each uses to make finance decisions about a potential borrower.
Learn which projects are more likely to obtain financing and how to best prepare your project business plan for consideration by lenders.