Builders Patch: Essential platform for multifamily housing developers.
AI-powered deal management for multifamily housing developers
Manage your deal pipeline, streamline your pre-development workflows, collect & organize your documents, track your asset performance metrics, and standardize your portfolio data in one place, with your team, in a cloud environment.
Find out how Danco is using our platform to organize their deal data, documents and create reports.
Deal Management
Manage all your projects in a centralized data & collaboration hub
Quickly find all your deals based on their status, current phase, location, and more. Store all your deal data in one place through an easy, AI-assisted onboarding process. Secure, cloud-based data storage.
Funding applications
Apply simultaneously to multiple funding sources
Oversee all your applications on our platform whether they are still in draft stage or submitted.
We understand that due diligence can be tedious...
Instead, our platform centralizes and automates most of the workflow so you no longer have to worry about organizing the information and communicating updates.
150+ different reports & files to collect per project
300+ emails exchanged during due diligence
5,000+ individual edits before a final pro forma
Collaborative checklists
Get clear due diligence instructions through a collaborative checklist
All due diligence items you need to submit are organized into a checklist that lenders can share with you and your team. Track the status of each item, leave comments and assign tasks. Create your own checklists to streamline your workflows.
Pro forma
Keep your numbers up to date in an easily accessible online pro forma
Access the latest version of your pro forma with one click through our built-in display that includes the development budget, income & expenses projections, financing sources, and any custom data table you may need, all based on your original Excel spreadsheets. A single source of truth in a cloud environment shared with your team.
Eliminate Data siloes
Consolidate your data scattered across separate PDFs and Excel files.
Our AI-enhanced onboarding feature extracts, analyzes, and standardizes your deal data from a wide variety of source documents. Bring your complete deal portfolio onto our platform to create deal comparisons and instant reports.
Data onboarding
Onboard your deal data with fine-tuned AI extraction models
Our proprietary AI extraction models have been tailored for the multifamily and affordable housing sector with a focus on development costs breakdown, asset management tracking, and compliance monitoring. Upload your source documents, initiate the data extraction process, then review and approve the results.
Asset Management & Reporting
Create instant reports on deals, portfolio segments, and key asset performance metrics
Onboard & analyze your asset management data on a monthly, quarterly or yearly basis. Track the latest numbers and identify anomalies. Create periodical impact reports or design your own custom reports.
Frequently Asked Questions
Does your platform cover all deal types or is it specifically geared towards ground-up construction?
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.
Can we create reports with Builders Patch?
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.
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?
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.
How long does it take to get up and running with Builders Patch?
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.
What customer support is available to clients?
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.