Financing milestone part of broader push to become one of the nation’s largest home construction and development lenders
Pretium, a specialized investment firm managing approximately $60 billion in assets under management, announced that it has originated over $1 billion in loans to homebuilders over the last six months. This capital is expected to facilitate the construction of approximately 5,000 new homes, helping to address housing supply shortages in key U.S. markets.
Pretium achieved this milestone in partnership with Anchor Loans, its real estate lending arm.
“The deployment of private capital is essential to addressing the nation’s housing shortage, especially as banks pull back significantly on lending to regional homebuilders and real estate developers,” said Jonathan Pruzan, Co-President of Pretium. “At a time when communities are in urgent need of housing solutions, Pretium is proud to provide critically needed capital to support them, while focusing on delivering attractive long-term returns for our investors.”
Ray Mathoda, CEO of Anchor Loans, added, “As the nation’s original business purpose lender, Anchor has longstanding ties with homebuilders and real estate developers across America. Our industry relationships and expertise, together with Pretium’s investment capital and scale, provide a powerful platform to support the businesses and people who are on the front lines of expanding America’s housing supply.”
With the continued success of its homebuilder finance funds, Pretium expects to be one of the nation’s largest lenders to the homebuilding industry by 2027.
Please visit www.pretium.com for additional information or www.anchorloans.com.
