Land and Money: Finance Options Open Up

The awaited credit spigot has begun to flow. At least in select markets, lenders and investors now compete with one another to finance acquisition, development, and construction capital for home builders to buy lots, develop them, operate, and go vertical. Here’s the lowdown on a new program from North Star, which promises particular benefits to smaller, National Association of Home Builders members, and some context around this always-fraught issue of AD&C finance

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