Avila Real Estate Capital (AREC), a private credit provider to the U.S. homebuilding industry, has held a first closing of its second debt fund with approximately $100 million in investor commitments including a partner investment from Hillwood. The fund is targeting $1 billion in total commitments and expects to hold its final close June 30, 2026. The new fund will continue AREC’s strategy of providing flexible financing solutions, including project-level loans for land development and homebuilder revolver lines for vertical construction.
AREC’s novel approach in the private credit market combines financial and institutional lending expertise with the practical experience of licensed contractors and homebuilders on staff. The firm also benefits from strategic investments by major homebuilders and land developers, reinforcing its deep alignment with the industry it serves.
“Our first fund demonstrated the strength and scalability of our lending model,”
