Horizontal + Vertical Capital

Suburban Infill Development

Project Description

Broadmark (NYSE: BRMK) provided IMH Companies (https://imhcompanies.com/) with horizontal and vertical investment capital of approximately $8.1M to construct the first 13 single-family homes in Phase 1 of the Rushton Project in the Canton Ridge subdivision in Saratoga Springs, UT. Phase 1 will include a total of 71 single-family lots. The project is part of a master-planned community with adjacent builders, including Richmond American Homes and Symphony Homes. IMH will develop detached single-family homes averaging 2,600 square feet of living space with 3-car garages and unfinished basements.

Loan Details

Broadmark logo

Saratoga, UT

Broadmark logo

August 2022

Broadmark logo


Contact Information

Matt Hittson, Central Region

Tom Gunnison, Central Region

Discover Similar Case Studies

Your real estate goals–accomplished. Broadmark has designed financial solutions for savvy real estate developers, operators, and owners. Read about our successes and contact us today to learn how we can help you reach your goals.


Request Terms

"*" indicates required fields

Preferred Contact Method*
This field is for validation purposes and should be left unchanged.

Smart. Reliable. Rapid.

Your trusted partner in real estate finance.