Westfield Townhomes

Westfield Townhomes

This project is a "We Buy You Build" lending project with Cable Construction. We are excited to partner up with Cable Construction on another awesome new build project.

5 townhome pads purchased and held free and clear in order to have a bank lend on the vertical construction loan.

Learn more about this deal by watching this video.

"We Buy You Build" Lending Model

Innovative Financing Structure

• Land Acquisition: 5 townhome pads purchased and held free and clear
• Construction Enablement: Clear land ownership facilitates bank construction lending
• Builder Partnership: Collaboration with Cable Construction for vertical development
• Risk Mitigation: Strategic financing approach reducing project complexity

Partnership Benefits

• Builder Focus: Allows Cable Construction to concentrate on construction expertise
• Financing Solution: Simplified lending process through clear land ownership
• Project Efficiency: Streamlined development timeline with pre-secured land
• Risk Distribution: Balanced risk allocation between land and construction phases

Project Development

Townhome Design

• 5 Individual Units: Complete townhome community development
• Modern Architecture: Contemporary design matching market preferences
• Quality Construction: Cable Construction's proven building standards
• Market Positioning: Competitive pricing for target buyer demographic

Construction Approach

• Vertical Construction Loan: Bank financing for building phase
• Experienced Builder: Cable Construction's established track record
• Quality Standards: Consistent construction quality across all units
• Timeline Management: Efficient construction process for timely completion

Financial Structure

Land Component

• Free and Clear Ownership: Eliminates land debt complications
• Bank Lending Facilitation: Clean title enables construction financing
• Risk Reduction: Removes land acquisition uncertainty from construction phase
• Investment Security: Asset-backed lending foundation

Construction Financing

• Bank Partnership: Traditional construction lending with secure collateral
• Builder Support: Financial structure supporting Cable Construction's operations
• Project Viability: Proven model for successful project completion
• Market Responsiveness: Flexible approach adapting to market conditions

Cable Construction Partnership

Builder Expertise

• Established Track Record: Proven construction capabilities
• Local Knowledge: Understanding of local market and regulations
• Quality Focus: Commitment to construction excellence
• Project Management: Professional coordination and execution

Partnership History

• Continued Collaboration: Building on previous successful projects
• Trust Relationship: Established working relationship and communication
• Shared Vision: Aligned goals for project success and quality
• Future Opportunities: Foundation for ongoing partnership development

Market Strategy

Target Market

• First-Time Buyers: Accessible townhome ownership opportunities
• Family Housing: Practical layouts for growing families
• Investment Properties: Rental income potential for investors
• Market Demand: Meeting local housing needs with quality product

Competitive Advantages

• Financing Innovation: "We Buy You Build" model creating opportunities
• Builder Quality: Cable Construction's reputation and standards
• Strategic Location: Positioning for market appeal and accessibility
• Value Engineering: Efficient design and construction for market competitiveness

Investment Innovation

The Westfield Townhomes project demonstrates the effectiveness of the "We Buy You Build" lending model in creating opportunities for both lenders and builders. By purchasing and holding the land free and clear, this approach:

• Simplifies Construction Financing: Banks can focus on vertical construction lending
• Enables Builder Success: Removes land acquisition barriers for quality builders
• Creates Win-Win Partnerships: Aligns interests between land investors and construction experts
• Accelerates Development: Streamlines the development process through clear ownership structure

This innovative financing approach represents Absolute Foresight's commitment to creating creative solutions that enable successful real estate development partnerships while managing risk and maximizing value for all parties involved.