Key facts
- Avila Real Estate Capital secured $390 million in new institutional commitments from a large insurer and a major university endowment.
- The firm's total capital and co-investments now exceed $750 million.
- Avila finances land acquisition, horizontal development, construction, and finished-lot delivery for U.S. homebuilders and developers.
- The company has financed over 18,000 lots to date.
- Avila aims to finance 100,000 lots over the next five years.
Avila Real Estate Capital has secured $390 million in new institutional commitments from a large insurer and a major university endowment, boosting its total capital and co-investments to over $750 million. The Corte Madera, California-based firm, founded and led by Tony Avila, specializes in financing land acquisition, horizontal development, construction, and finished-lot delivery for homebuilders and residential developers in key U.S. growth markets.
These new investors join existing international institutional investors and six of the top 20 U.S. homebuilders, including D.R. Horton, LGI Homes, Century Communities, Toll Brothers, Dream Finders Homes, and DRB Group (a subsidiary of Sumitomo Forestry). Developer Hillwood, led by Ross Perot Jr., is also an investor.
Tony Avila, founder and CEO of Avila Real Estate Capital, stated that institutional investors and leading homebuilders are underwriting the same opportunity from different perspectives. He noted that builders who have invested in the platform understand the necessity of Avila's credit for developing finished lots, and their operational knowledge provides confidence to institutional partners.
Avila has financed more than 18,000 lots to date and is targeting the financing of 100,000 lots over the next five years. The firm maintains direct relationships with developers and homebuilders, providing a steady pipeline of lending opportunities and market intelligence.