Builders & Developers What Are You Seeing In This Market Shift
Good evening BP family,
As I'm sure a lot of you know it's getting pretty pricey to borrow money due to the events that have happened over the past 60 days. I'm an underwriter for a private lending firm based in Austin, TX and I am looking to build relationships with developers and builders. It seems over the past year we went from high cost of materials to build to high being a bit expensive to borrow money for projects especially if you are new in this space. I am curious to what you are seeing and what your expectations are moving forward.