Avila Real Estate Capital has closed $390 million in new capital and co-investments from two institutions: a large insurance company and a major university endowment. This new capital brings total commitments and co-investments to more than $750 million.
The value of new housing construction in the United States is more than half a trillion dollars annually, according to the U.S. Census Bureau, and persistent supply constraints continue to drive demand for credit across the land and lot development lifecycle. Avila focuses exclusively on financing land acquisition, horizontal development, construction and finished lot delivery to homebuilders in major growth markets across the United States.
These new capital providers join international institutional investors along with six of the top 20 U.S. homebuilders: D.R. Horton; LGI Homes; Century Communities; Toll Brothers; Dream Finders Homes; and DRB Group, a subsidiary of Sumitomo Forestry. Developers including Hillwood, l
