Built Technologies raises capital to tackle construction lending

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Built construction lending technology company raises $21 million. Built, led by ceo chase gilbert, was created in 2014 to streamline the process of financing housing and commercial construction.

Goldman Sachs plans to help Built Technologies by streamlining its current loan process in place. Through this initiative, a more transparent and effective platform will emerge. New Plans. The recent round of funding it attained, Built plans to further enhance and develop its construction lending platform.

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Consumer outlook not to blame for slowing existing-home sales Blame it on the Fed.. I believe that the slowdown in housing is simply an unavoidable effect of a late stage business cycle slow down. Both new home sales and existing home sales volume growth.

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Or that fast-moving venture capital investors are ill-suited to tackle. in federal loan guarantees. The reasons for the company’s decision are murky, but it meant KiOR needed to ramp up its.

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Construction Finance Solution Company Built Technologies Raises $31 Million Photo Credit: Built Technologies Built Technologies, a Nashville, Tennessee-based construction lending software company, announced it has raised $31 million in Series B funding led by Goldman Sachs Investment Partners.

Midwest Top Producers see first-time home buyers as key to success 3. The first-time homebuyer market again grew faster than both purchase originations and overall home sales. The first-time homebuyer market was up six percent year-over-year, while repeat buyers fell five percent (fig. 5). In the mortgage market, growth in the number of first-time homebuyers also exceeded growth in repeat buyers ( fig. 6). The

Built Technologies Inc. raises more than $20 million. – A Nashville-based fintech company that aims to ease the construction-loan process has completed an eight-figure capital raise. Built Technologies Inc. raised $20.6 million in equity from 14.

Maybe it felt too daunting to tackle. construction companies would be the real beneficiaries of a push to build more homes with private construction, a sub-prime building boom turbocharged with tax.

Built Technologies, Inc. develops a cloud based construction loan administration and draw management platform. The product offers file management, custom draw workflows, reporting and risk.