Builder Capital and 400 Capital Management Close $400mm Land Banking Arrangement with Dream Finders Homes
Summary
“ We are pleased to execute this transaction and acquire a great portfolio of home sites at significant scale,” said Bill Southworth, managing partner at Builder Capital. The Builder Capital team has established relationships with production homebuilders throughout the U.S. and over the last 25 years has provided over $1.7 billion in funding for the acquisition and development of more than 30,000 residential lots across 275 projects. The Firm offers investors a global platform that accesses differentiated credit investment opportunities through total and absolute return strategies in flagship funds and customized portfolio solutions. The team consists of 65 professionals across offices in New York and London, who collectively manage $6.4 billion for global institutional investors. Dream Finders Homes achieves its industry-leading growth and returns by maintaining an asset-light homebuilding model.