Ascent Developer Solutions is excited to announce a major expansion of our lending platform which now offers flexible, developer-centric financing solutions for manufactured housing developments to address a national demand for quality, attainable, and affordable housing, as well as rising site-built construction costs! The announcement follows a period of rapid growth for our firm as we exceed an origination volume of more than $2 billion since our launch with backing from Elliott Investment Management L.P. in July 2024. 

“New manufactured homes cost less than a third of site-built homes, offering millions of families the opportunity of home ownership. AscentDS’s goal is to partner with developers and operators in providing newly developed and renovated manufactured home communities throughout the country,” said Gene Kim, Executive Vice President, CRE Strategies at AscentDS.

To learn more about this expanded offering, read here.