Avila Real Estate Capital (AREC), a private real estate credit platform focused on residential development and homebuilding, has held a close for its inaugural debt fund and the expansion of its originations team with five senior hires.
AREC secured a total commitments and co-investments in excess of $700 million. The fund is focused exclusively on lending to the U.S. homebuilding sector, providing acquisition, development, and construction (AD&C) first mortgages across key growth markets.
“We are seeing sustained demand from builders and developers who need a capital partner that brings certainty, creativity, and experience to the table,” said Tony Avila, CEO of AREC. “With the close of our first fund and the expansion of our team, AREC is well-positioned to meet this demand and continue scaling our platform to support new housing supply across the country.”
AREC also closed two strategic facilities in July on behalf of the fund: a $50 million subsc
