Builders Head to IBS in Search of New Financing Resources
IBS Event
Builders looking for new sources of finance are continuing to sign up for the Partnership Pavilion the week before the unprecedented NAHB resource is unveiled at the International Builders’ Show in Las Vegas.
At the innovative Partnership Pavilion located in Hall N-4 at the Las Vegas Convention Center, NAHB members attending the IBS will have the opportunity to meet individually with a variety of capital sources and financing advisors to explore financing solutions for their projects through debt and equity positions, joint ventures and partnerships and traditional sources of housing credit.
Participants are also being invited to attend a new session at IBS — “Obtaining Financing in Today’s Real Estate Marketplace: What Builders and Developers Need to Know and Do.”
Leading the session, real estate financing experts will provide practical advice for builders and developers to improve their prospects for obtaining project financing and negotiating the best deal.
The program will cover the information builders need to provide, the terms they can expect and pitfalls to avoid. A variety of possible financing options will be discussed, with a focus on private equity.
The panelists will address funding for new ventures as well as refinancing for projects already underway. The program will be conducted as a workshop, with extensive time devoted to answering questions from builders and developers in the audience.
The session will be moderated by Steve Lawson, president of The Lawson Companies, and include John Bonner, president, First Continental Investment Co.; Peter Hazeloop, managing director, Michael P. Kahn & Associates; and Rand Roan, principal, Apogee Partners. It is scheduled for Thursday, Jan. 21, at 9:00 a.m. in room North 246 of the convention center.
Here’s how the Partnership Pavilion program works:
- Participation is free, easy and open exclusively to NAHB members who are attending IBS.
- Applicants simply submit basic information about the project(s) for which they need funding.
- Participating financial firms will review builders’ information and, where appropriate, schedule one-on-one meetings during IBS in the pavilion’s private meeting spaces.
For further information on the Partnership Pavilion, go to www.nahb.org/partnership.
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