different reports and files to collect per project
300+
emails exchanged during due diligence collection
5000+
individual edits before finalizing a pro forma
La Central (The Bronx, NY)
NYCHDC uses Builders Patch to support the financing of affordable housing
New York City Housing Development Corporations is piloting the Builders Patch platform to get digital support in their financing and underwriting of housing projects.
"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.”
Apples to apples, oranges to oranges...compare projects across your entire portfolio using various filters and sorting methods. Instantly notice anomalies for better decision-making.
Yes, our platform can seamlessly integrate with Salesforce and many other third-party applications. Our aim is to help you upgrade your systems with minimum disruption to your existing workflows.
Question
Does your platform cover all deal types or is it specifically geared towards ground-up construction?
Answer
Builders Patch covers financing and management of multifamily asset types ranging from pre-development assets to those currently in asset management. We also support the refinancing/syndication of assets.
Question
Can we create reports with Builders Patch?
Answer
Yes, Builders Patch can automatically create any number of custom reports for you, including deployment reports, risk rating reports, and pipeline reports, to name a few.
Question
During the loan cycle, we communicate with a lot of different people. Am I limited in terms of the number of people I can communicate with on Builders Patch?
Answer
No. At Builders Patch, we make it easy to communicate with your borrowers, team members, and third parties, including underwriters, lawyers, and anyone else you choose. They don’t have to be existing customers of ours in order to work with you on our platform. You also have total control over what you share with whom.
Question
How long does it take to get up and running with Builders Patch?
Answer
Once you decide that Builders Patch is the right solution for your organization, our goal is to get you up and running as quickly as possible. Within 2 weeks, your loan applications and due diligence checklists can be built out. Within three months, we can bring your closed deals onto the platform.
Question
What customer support is available to clients?
Answer
Builders Patch is committed to ensuring that our customers are 100% comfortable with 100% of the platform. During the first 90 days, we schedule weekly meetings to properly onboard your team onto the platform and to discuss its functionality. After 90 days, our Customer Success is available to meet with you and answer questions on an as-needed basis. We also have a Knowledge Base of articles and videos to help you with task-specific items.
Question
Who owns the data on the Builders Patch platform? Do you re-sell any of the data?
Answer
Any file or information you upload to the platform is your property. We don’t re-sell any of your data to third party buyers. In short, what belongs to you stays with you and is owned by you.
Question
Is there a limit on number of users? How can I open up Builders Patch to clients and employees?
Answer
We don’t have a restriction on the number of users. All you need to do is send out an invite to people within your company and they can log in immediately. Same applies to your clients. Send out an invite and request them to complete due diligence collection by adding their deal details.
Get in touch
Strict standards. Bank-grade security.
Your data stays safe with us at all times.
HousingCount
Decoding the housing crisis
A public data project to track and analyze the rental housing shortage across the country, highlighting where additional units are needed most.
Shortage statistics for households earning Under 50% AMI