La Central (The Bronx, NY)

NYCHDC uses Builders Patch to support the financing of affordable housing

New York City Housing Development Corporations is partnering with Builders Patch to get digital support in their financing and underwriting of housing projects.

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Rockwood 10 (Portland, OR)

“Their system is built around the way we developers work.”

"The big difference with Builders Patch was their personal experience and expertise in affordable housing finance and development.”

Kevin Kellogg

Director of Real
Estate Development

Case study >>

Casa Celina (The Bronx, NY)

"Builders Patch is easy, intuitive and useful for our team."

"We use Builders Patch to store our data, manage our deals, and share information seamlessly. The project management feature that allows us to track all our tasks and priorities with our team is a highlight.”

Andrea Kretchmer

Principal

Case study >>

How does it work?

STEP 1

Set up your project space

Set up an online space for your projects in a few easy steps. Upload your existing Excel model to see full pro forma.

STEP 2

Complete due diligence

Get started using our checklist and workflow tool. Invite your project team to collaborate. Set tasks, chat, and more.

STEP 3

Share collected details

Your project information gets automatically arranged into a basic memo. Share it via a secure URL link.

STEP 1

Set up your own checklist

We are already collecting most of what you need to underwrite a deal, but you can easily add or remove fields.

STEP 2

Monitor collection process

Get an overview of the progress of collection. Communicate directly with developers whenever needed.

STEP 3

Create final credit memo

All the information is automatically organized into a basic memo. Compile your final credit memo based on this.

Look inside

Product features

Due diligence

Easy-to-follow checklists and fully online due diligence collection.

Underwriting memo

Your project data is automatically arranged into a shareable memo.

Online pro forma

All project data organized into easily accessible charts & tables.

Custom reports

Configurable reports to match what your company needs. Exportable as a spreadsheet.

Document collection

All files stored securely in the cloud. Neatly organized & easy-to-access.

Task management

Cross-team collaboration via task lists and real-time chat.

Asset management

Income and operating expenses stored and analyzed long-term.

Want to find out more?

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NEWS DIGEST

Curated news articles on rental market trends & affordable housing every week.

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Read the latest news on housing! Our weekly news digest and bi-weekly policy digest will be delivered to your mailbox.

LATEST NEWS

News Digest #2 / 2023

Jan 15

–

Jan 31, 2023

Governor Hochul’s statewide plan to tackle New York’s housing crisis | Biden administration rolls out renter protections as rent prices soar | The Cities Where You’ll Save Money Renting in 2023—and the Ones Where Buying a Home Is Cheaper | Global proptech estimated to reach $86.5bln by 2032

News Digest #1 / 2023

Jan 1

–

Jan 15, 2023

Scaling NCI's small business lending & affordable housing finance operations | More cities and states make homeless encampments a crime, leaving low-income people with few options | 10 cities where home buyers actually have a chance of scoring an affordable home in 2023 | Purchase sentiment is up but affordability remains a challenge in 2023

All news

WHITE PAPERS

Digital technology is transforming commercial real estate. Multifamily & affordable housing are not left out!

Digital technology is transforming multifamily real estate. Affordable housing is ripe for change, too. Don't miss out on the latest reports & white papers from Builders Patch.

All white papers

WHITE PAPER

5 ways technology can drive affordable housing development

Innovation and technology adoption in the private sector is rapidly disrupting the way employees at these organizations work, and the ways they do business. Meanwhile, non-profit organizations and local governments in these industries compete for a common pool of resources, but are not benefiting from the same investments in innovation and technology adoption.

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Strict standards. Bank-grade security.

Your data stays safe with us at all times.

SOC 2 certified

Builders Patch conducts annual audits to prove adherence to SOC 2 Type I and Type II certification protocols.

Bank-grade security

Encryption at rest and in transit. Your valuable data is constantly protected in multiple ways.

Secure SSO login

Seamless login experience without compromising on security, with SSO support for Google and Microsoft Azure.

24/7 monitoring

Our IT security team monitors known incidents and patches and addresses changes to the policies and procedures.

Collaborate. Fund. Build.

Builders Patch is a secure, cloud-based platform to manage multifamily housing deals from acquisition to asset management. The platform is focused on automating due diligence collection, underwriting, and loan approval for lenders and multifamily developers.

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Manage less.
Build more.

Project Profile

Up-to-date project details

DUE DILIGENCE

Online due diligence collection—visually

Asset Types

Every asset type in multifamily housing.