Financing
STAC Capital will offer select builders the opportunity to sell and leaseback portfolios of Model Homes in a true sale transaction. In addition STAC will offer model home partners finished lot financing facilities. Each transaction is designed to meet the builders needs, lease terms are based on a number of factors each designed to facilitate builder growth.
How it Works
Builder sells STAC a portfolio of Model homes then leases those homes for 1- 4 years. Builder as Lessee pays for all insurance, maintenance and utilities (triple net lease). Lot financing facilities vary by a number of factors including but limited to development type and counter party profile. **
**terms are preliminary and subject to change
Strategy
In 2018 we began acquiring portfolios of model homes from private builders located in markets identified as having strong demand and price appreciation potential. Our research shows smaller builders own approximately $1.3bb of fundable inventory. In 2019 we began offering finished lot financing to partner home builders. In 2020 we will begin to target larger private and public builders in order to gain nationwide exposure.