Builders Capital Announces New CEO

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Builders Capital is pleased to announce that Robert Trent has been appointed chief executive officer. Curt Altig, the founding chief executive officer, has been appointed chairman. These changes are effective January 1, 2020.

Over the last few years, we have made significant advancements in our platform and technology in order to more rapidly and efficiently meet the needs of our customers.

Trent is currently serving as chief operating officer, responsible for major strategic initiatives and day-to-day management. Prior to his roles at Builders Capital, Trent served as division president for Richmond American Homes, from 2011 to 2013, following the sale of his business, SDC Homes, to Richmond in 2011.

Altig will continue to be actively involved in the Company’s business on a full-time basis, with a particular focus on developing additional markets and products, and identifying strategic partnership opportunities, as the Company continues its national expansion strategy. Altig will also continue in his role as a key member of the Company’s loan committee.

“Rob is the right person to lead Builders Capital at this crucial growth stage, given his exceptional knowledge of our business and proven ability to scale a business,” said Altig. “We have been growing at a tremendous pace, and, due in large part to Rob’s contributions, we are well-positioned to accelerate our momentum. I am truly delighted that Rob has agreed to lead Builders Capital during this next phase, and I’m excited to work with him as we continue our strong growth nationwide.”

“I am honored to serve as the next CEO of Builders Capital,” said Trent. “Over the last few years, we have made significant advancements in our platform and technology in order to more rapidly and efficiently meet the needs of our customers. As CEO, I look forward to continuing this progress and introducing Builders Capital financing solutions to builders and developers across the country.”

About Builders Capital.

Builders Capital is one of the nation’s largest private construction lenders, offering innovative financing solutions to a wide spectrum of developers and homebuilders, from fix-and-flip and ground-up construction, to development and multi-family lending. The Company maintains its headquarters in Seattle, Washington, with offices in Vancouver, Washington; Colorado Springs, Colorado; Boise, Idaho; Austin, Texas; and Orlando, Florida. Year to date 2019, Builders Capital has closed over $500M in loan volume across 9 states. The Company is owned by entities controlled by Altig, Trent, and the office of Robert Hadley and Lisa Hadley.

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ROBERT TRENT
Builders Capital
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