New Lender Backed By Elliott Wants To Finance $3B To $5B In Housing Projects
Elliott Investment Management and private lending veteran Robert Wasmund have partnered to grow a new financing source for residential developments ranging from single-family homes to multifamily projects.
Called Ascent Developer Solutions, or AscentDS, the lender will offer short-term secured loans to fund the purchase, renovation and construction of single-family and multifamily properties.
Read the full article at BISNOW here.