CommLoan, the Scottsdale, Arizona-based commercial real estate lending fintech, has expanded its platform to support land and build-to-rent (BTR) financing.
The company stated that demand for both land and BTR financing has increased amid housing supply constraints. CommLoan’s proprietary platform, CUPID, offers commercial mortgage lending across multiple categories including SBA, CMBS, and FHA/HUD, and the company added the expanded offerings will make these types of transactions more streamlined for brokers to capture opportunities directly within the platform.
“Every deal type we add makes the platform smarter,” said Mitch Ginsberg, founder and CEO of CommLoan. “Land and Build-to-Rent introduce a new level of complexity to the dataset, and that strengthens our ability to match deals with precision. At the same time, we’re opening up parts of the market that have traditionally been difficult for brokers to access.”
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