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OAKLAND, Calif.–(BUSINESS WIRE)–1Sharpe Capital, a leading global asset manager, and Builders Capital, a
prominent private construction lender headquartered in Seattle, have
closed a long-term strategic partnership where 1Sharpe has entered into
a multi-year agreement to purchase construction loans from Builders
Capital.

The partnership brings together Builders Capital’s regional construction
lending expertise and 1Sharpe Capital’s strong balance sheet and
structured credit expertise.

We are excited to be working with 1Sharpe, who worked diligently to
structure a creative and comprehensive capital solution to facilitate
construction lending in the North West,” said Curt Altig, CEO and
co-founder of Builders Capital.

We are pleased to have the opportunity to finance high quality
construction loans with Builders Capital. We’re impressed by Builders
Capital’s knowledge of their markets and depth of relationships with
highly experienced home builders. We look forward to working with their
team,” said Rob Bloemker, CIO and co-founder of 1Sharpe.

About 1Sharpe:

Rob Bloemker is the co-founder and CIO of 1Sharpe. Before
co-founding 1Sharpe, Bloemker was a Portfolio Manager at Cerberus
Capital Management within its $5 billion mortgage hedge fund. He
co-founded Dwell Finance, which originated over $500 million in loans
and was sold to a unit of the Blackstone Group. Bloemker also co-founded
Five Ten Capital where he raised, invested, and successfully liquidated
three private equity funds. In addition, he managed more than $60
billion at Putnam Investments, and previously worked at Salomon Brothers
and Lehman Brothers.

Gregor Watson is the co-founder of 1Sharpe. He also
co-founded and serves as Chairman of Roofstock, an online marketplace
for buying and selling single-family rental homes. A true entrepreneur,
Watson is the founder of 643 Capital, a real estate private equity firm,
and co-founder of Dwell Finance. He spent the early part of his career
purchasing and developing land and apartments throughout California.

Founded in 2016, 1Sharpe Capital is a Bay Area-based investment
manager offering institutions and qualified investors access to a broad
range of investment opportunities. 1Sharpe applies decades of
institutional knowledge and operational experience on its team to
identify superior, risk-adjusted income-generating assets.

About Builders Capital:

Curt Altig is a 26-year veteran of the Real Estate Finance
Industry and co-founded Builders Capital in 2009. Prior to co-founding
the Company, Mr. Altig spent five years as a Regional President for
First Horizon Home Loans (purchased by MetLife), overseeing $2+ billion
in loan production across 18 branch offices. Mr. Altig is a current
board member of Liberty Road Foundation and a graduate of the University
of Washington.

Robert Trent is a highly successful entrepreneur who co-founded
Builders Capital in 2009 and previously founded SDC Homes in 2007. Mr.
Trent developed a business model that took SDC Homes to one of the top
three homebuilders in Washington State by 2010. Mr. Trent was recognized
in 2010 by the Puget Sound Business Journal for creating one of the “100
Fastest Growing Private Companies in Washington State.” In the spring of
2011, Mr. Trent sold SDC to one of the nation’s top 10 homebuilders.
After two years serving as Divisional President for Richmond American,
Mr. Trent returned to the world of private investment and has recently
taken on an active role with the Builders Capital family of companies.

Robert Hadley is a co-founder and early investor of Builders
Capital. Mr. Hadley helps cast the vision for the continued growth and
success of the company. He serves on the company’s Management and Loan
Committees. Mr. Hadley is also the President of Hadley Properties, LLC,
a third-generation development company with a long history of technical
and real estate innovation, spanning residential, resort, office,
hospitality, and industrial product types. Mr. Hadley holds degrees in
civil engineering and quantitative economics from Stanford University.

Formed in 2009 on the heels of the Great Recession, Builders Capital
is a specialty finance company based out of Seattle that lends to
homebuilders, developers and real estate investors across the Pacific
Northwest, Colorado and soon to be select markets around the country.

For more information, please visit https://www.1sharpe.com/
and www.builders-capital.com

Contacts

Tray McCurdy
pr@1sharpe.com