Sometimes in life, we come across a group of colleagues whose synergy is simply remarkable. Leveraging each individual’s strengths yields stunning results and it makes doing the “work” feel effortless. This could not be more true of the team at Archwest Capital.
Together, our leadership team holds a history of selling and repositioning three financial companies in the last 20 years. We’ve partnered with the nation’s leading housing developers and financial institutions to manage more than $8 billion of assets, and originate approximately $3 billion of business purpose loans across multifamily, mixed-use, industrial and single-family residential. We’ve weathered some of the toughest national economic challenges, navigated each one with proven results and developed some invaluable tenacity along the way.
We launched Archwest Capital last year to help real estate investors meet the need for housing across the nation, focusing initially on multifamily and mixed-use properties. A year into our latest venture, we are struck by the dire demand in the residential space. With a housing shortage just shy of 5 million units nationally, the real estate industry is also contending with a median home age of 40 years, more than 30% of which require repair. Compounding this is the pandemic-era remote workforce that has made space and privacy paramount for prospective homebuyers. Between new builds, maintenance and rehabilitation, real estate investors are fighting to catch up with the demands of the market.
Today, we are proud to announce the launch of our single-family residential bridge loans, designed for experienced investors leveraging fix-and-flip programs or ground-up construction projects. We put our heads together to address the market trajectory and current roadblocks to create business purpose loans with competitive terms, lower rates, higher LTVs and swift funding turnaround. Together with Archwest Capital, real estate investors can deliver new housing inventory and rehabilitate current inventory to help this market recover.
At a time of rising construction costs and acute labor shortages, Archwest Capital is poised to do what we do best – get deals done.