Wafra and Hunt Companies Launch Strata Land Partners to Provide Residential Land Finance
Wafra Inc. and Hunt Companies have announced the launch of Strata Land Partners, a new land finance platform designed to provide flexible capital solutions to public and private homebuilders across the United States. Led by CEO Mike Forsum, a veteran with 40 years of industry experience, the platform aims to address the structural housing shortage in the U.S. by offering bespoke land-banking and development financing. The platform has officially launched with an initial portfolio comprising approximately 1,300 single-family lots. By combining Wafra's institutional investment expertise with Hunt Companies' real estate experience, Strata seeks to act as a strategic partner for developers navigating complex market environments and operational challenges in the residential sector.
Topics: Homebuilding Land Finance New Platform Launch Real Estate Investment