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NEW LENDER BACKED BY ELLIOTT WANTS TO FINANCE $3B TO $5B IN HOUSING PROJECTS


ELLIOTT INVESTMENT MANAGEMENT AND PRIVATE LENDING VETERAN ROBERT WASMUND HAVE
PARTNERED TO GROW A NEW FINANCING SOURCE FOR RESIDENTIAL DEVELOPMENTS RANGING
FROM SINGLE-FAMILY HOMES TO MULTIFAMILY PROJECTS.

Called Ascent Developer Solutions, or AscentDS, the lender will offer short-term
secured loans to fund the purchase, renovation and construction of single-family
and multifamily properties.

Read the full article at BISNOW here.




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