strategies
Where Lending Meets Homebuilding
This unique synergy creates a competitive advantage and superior positioning in the ever-evolving real estate investment industry.
Our bespoke approach couples flexible capital solutions with boots-on-the-ground insights into each market and asset and allows for enhanced deal sourcing, risk mitigation, and performance.
For-Sale, SFR, BTR, Multifamily and Value-Add
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Credit: OFFERING capital solutions TO HOMEBUILDERS AND DEVELOPERS
We have originated approximately $800 million in loans within the past year. With our in-house underwriting and development team, we can close a loan as quickly as 30-45 days.
Acquisition Loan - $362M
Acquisition Loan - $362M
mountain house, ca
Loan Size: $362 Million
Capital Stack: Senior Debt
Term: 36 Months
LTV: 45%
AREC closed on a $362 million loan within 60 days. AREC underwrote this large and unique loan with collateral which included 60 parcels, 3,500 acres, 3,850 entitled units, 11 contracts to sell 2,211 acres for a total face value of $870+ million to seven different developers. The borrower was a well-capitalized private family with extensive land holdings throughout the San Joaquin Valley (~20,000 acres).
Acquisition Loan - $20M
Acquisition Loan - $20M
Mt. Dora, FL
Loan Size: $20.7 Million
Capital Stack: Senior Debt
Term: 48 Months
LTV: 58%
LTC: 75%
AREC closed on a $20.7 million loan that financed acquisition and development for 177 entitled lots. Mt. Dora is located 20 minutes from Orlando, the largest urban center in Central Florida. The borrower is one of the largest privately-held homebuilders in America.
Development Loan - $130M
Development Loan - $130M
Oakland, CA
Loan Size: $130 Million
Capital Stack: Senior Debt
Term: 24 Months
LTV: 50%
LTC: 33%
AREC closed on a $130 million loan within 30 days. This loan financed 827 entitled single-family lots in the heart of the San Francisco Bay Area (Oakland). This project is the last and largest master planned community slated for development within infill East Bay. The borrower is a large California developer with decades of experience in the market.
Equity: Focusing on housing americans
We have invested in more than 11,000 lots of residential land and developed over 10,000 apartment units and single-family homes in affordable, high-growth markets.
Land Development
Land Development
LIBERTY - Rio Vista, CA
Rio Vista, CA
AREC acquired 325 acres of entitled land in Rio Vista, CA, in the Sacramento River Delta (65 miles from San Francisco.) The land was originally approved in 2006 for large, higher priced ($800k) homes. AREC worked with the local municipality to enhance the entitlements, increasing the total lots from 663 in the original pro forma to 974. AREC then developed the land into finished lots which were sold to an entry-level homebuilder, thereby converting an abandoned parcel into a thriving community with record-setting home sales.
Opportunity Zone
Opportunity Zone
CULDESAC - Tempe, AZ
Tempe, AZ
AREC partnered with Culdesac to create the first built from scratch car-free neighborhood in the U.S. This innovative design at a light-rail station includes 761 residential units with car-share, ride-share, eBike, eScooter, grocery, and food delivery all integrated into a mobility-first experience for its tenants. This first phase of development with 174 apartments and 5 retailers opened for leasing in 2Q 2023 will be complete in early 2024.
Multifamily
Multifamily
BRUCEVILLE - Sacramento, CA
Sacramento, CA
AREC acquired eight acres of entitled land in Sacramento, CA (65 miles from San Francisco). AREC won the land through an extensive interview and negotiation process from a seller who was a family office based out of China and chose our offer because of our Sacramento development experience. We plan to improve the current architectural design to reduce cost and enhance the tenant experience then sell the land with the revised plan of 351 units to a multifamily developer.
advisory services: Builder advisor group
