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Matt Mildren Mildren recently discussed the lending climate, and non-bank lending trends and concerns.

FATE, TX—Although residential developers face headwinds of a lack of supply of new residential lots and lending challenges, one development in the Woodcreek master-planned community is soon to overcome those obstacles. The developer, an affiliate of Miami-based Southstar Development Partners, will be working with homebuilders Meritage Homes, Dunhill Homes, Lennar Homes and Pulte Homes to bring to market nearly 400 new homes priced from the upper $200,000s.

PMB Lending, a subsidiary of Dallas-based PMB Capital, provided $15 million in financing for the project. Matt Mildren, partner at PMB Capital, recently discussed the lending climate, non-bank lending trends and opportunities/concerns in this exclusive.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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