In an era where the search for solutions to America’s housing shortage has intensified, I recently sat down with John Curry of Setanta Development Capital LLC, a company at the forefront of addressing this pressing challenge. During our conversation, it became clear that Setanta doesn’t just unearth financing for development; they also dig up value for land developers, investors, and, most importantly, communities in need of affordable housing.
Let’s dive into the intricate world of land development with a social conscience as Curry walks us through the transformative approach Setanta takes to uncover the potential beneath our feet.
“We’re not just about returns,” Curry says with conviction. “Sétanta is focused first on financing communities.” The words resonate with purpose, underlining a mission that reaches beyond mere business transactions. It’s this community-first perspective that sets Setanta apart.
The rarity of finished lots is exacerbating America’s housing crisis. These pieces of land, ripe for construction, are in short supply, causing a bottleneck in the market. Enter Setanta Development Capital. With a nationwide presence and collaborations with all the major public builders, Setanta has become a much-needed catalyst in transforming raw land into vibrant neighborhoods.
The niche Setanta occupies, bridging the financing gap for land developers, is the treasure trove that not only fosters the creation of more homes but also translates into solid returns for those who invest in the vision. Over the past three years, Curry explains, Setanta’s investors have enjoyed outsized returns – a win-win for the financial backer and the future homeowner alike
Curry, along with co-founder Rob Davenport, provides the map to navigate the terrain of land development. With their combined expertise, they understand the alchemy of turning land into livable, affordable communities. “It’s all about getting those lots on the ground, ready for the foundation to be poured,” Curry emphasizes, outlining the end goal that brings them closer to solving the housing shortage, one community at a time.
The foresight of Setanta’s lot loan program is a pivotal part of their strategy. By tailoring loans to meet the specific needs of developers, Setanta ensures that each project is not just financed but also supported throughout its journey from conception to completion. These loans, Curry notes, are the tools that enable developers to create affordable, attainable, and single-family rental housing – essentials for a country in a housing crunch.
But what about those who feel out of their depth in the complex world of real estate investment? Curry states that Setanta’s approachability and transparency make navigating these waters smoother. “We tailor our advice and support to each investor’s level of experience,” he says. “Our doors – and our website – are always open for questions and guidance.”
For developers and investors seeking to align with Setanta’s mission, their offerings speak to a variety of needs. With the capability to handle both small loans under $10mm and larger loans over $20mm, Setanta’s versatility in dealing with projects of different scales underlines its commitment to the cause.
The conversation with Curry inevitably drifts towards the future and the sustained impact Setanta intends to deliver. “It’s about more than homes,” he states. “It’s about creating environments where families can thrive. That’s the real buried treasure here.
As we wrap up our dialogue, the expert advice and the passion for community development remain lingering in the air, like the promise of a new horizon. For anyone looking to connect with Setanta or explore the opportunities they create in land development, Curry points you to their LinkedIn and the easily navigable SetantaDC.com.
In today’s landscape, the true value lies beneath the surface – in the opportunity to craft communities and to be part of a solution that goes beyond the concrete and the frames of the houses it supports. Setanta Development Capital LLC illustrates that the search for buried treasure in land development could be the key to unlocking America’s housing solutions, and with guides like John Curry, the map to this treasure has never been clearer.
Published by: Nelly Chavez
