Builders Capital to Move Headquarters to 86-acre South Hill Campus from Benaroya to Puyallup
SEATTLE, August 24, 2021 / PRNewswire / – Builders Capital, a leading private lender specializing in financing residential construction projects, has announced plans to move its headquarters from Seattle, Washington, at the South Hill Business + Technology Center of Benaroya Company in Puyallup, Washington. The move to larger office space is made necessary by the growing national footprint of Builders Capital, which now operates in 45 states.
Builders Capital will occupy 20,332 square feet of Class A office space by early 2022. The new West Building space offers the latest in connectivity and infrastructure technology, earning USBGC LEED Silver certification. Integrated into a park-like setting with many amenities, the new office space will house more than 130 local employees and support additional employees nationwide.
“We are delighted to do Puyallup home for our continued growth. Surrounded by regional manufacturers and banks, Puyallup is an ideal area to find the best talent we need to support our borrowers with top-notch service, wherever they are, ”said COO Beth glein.
“We are delighted to welcome the move of Builders Capital to Pierce County, said the county executive Bruce dammeier. “Their decision to relocate underscores the depth of talent and technological infrastructure we have in our community.”
Since its inception in 2009, Builders Capital has funded single-family and multi-family residential construction loans for more than 30,000 housing units across the country. The company offers several types of residential construction loans, ranging from short-term bridging loans to complex all-in-one construction loans. By relentlessly focusing on borrower / builder-oriented lending solutions, its proprietary technology solutions and in-house service elevate Builders Capital above the competition.
“We are delighted with Builders Capital’s decision to locate and expand their business in our South Hill Business + Technology Center,” said Larry Benaroya. “Builders Capital is a perfect fit for our smart campus and we look forward to welcoming them early next year.
Drew and Will Frame of Kidder Mathews, Robert trent builders’ capital, and Jeff Bashaw, Robert hadley, and Curt Altig of Hadley Properties represented Builders Capital. Mike george, Andrea Peterson and Scott Sulman of NAI Puget Sound Properties represented The Benaroya Company during the negotiation process.
About the company Benaroya
Founded in 1956, The Benaroya Company (benaroya.com) is a leading full-service commercial real estate company based in Seattle, Washington. In addition to acquiring, developing and managing premium offices, data centers, retail, industrial and medical properties in prime locations throughout the Pacific Northwest, we are also active in the development of tailor-made construction projects and in the provision of short-term financing.
About Builders Capital
Builders Capital is one of the nation’s largest private construction lenders, providing innovative financing solutions to a wide range of developers and home builders, ranging from bridge construction, repair and turnaround and complete construction. development and adjoining housing. The Company has an office at Puyallup, Washington, with sales offices in Wooded, Saint George, San Diego, Phoenix, Charlotte, and Orlando. Builders Capital’s management team brings to the company over 100 years of expertise in residential construction loans, home construction, real estate development and loan servicing.
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SOURCE Builders Capital