Private Lending Fueled South Carolina Home Construction
Local builders are utilizing private capital to increase regional housing inventory for workforce professionals.
Updated on Oct. 10, 2026 in Construction
Live Poll
Is enough affordable housing being built in your community to keep up with current demand?
Kristopher Homes has completed six new residential units at the Eleanor Farms development in Gray Court, South Carolina. The project was financed by Lima One Capital, a private lender that has supported over 50 of the builder's projects in the last 24 months.
Why it matters
Private financing models allow developers to accelerate housing supply in suburban areas, addressing the specific demand for workforce housing outside major city centers. This approach provides a necessary capital pipeline for operators looking to scale construction in growing markets.
Lima One Capital has deployed over $12 billion in total real estate loans since 2010. The firm recently backed six new home completions at Eleanor Farms, contributing to a total of 50+ builds financed for Kristopher Homes during the previous 24-month period.
The players
Lima One Capital
A Greenville-based private lender that provides real estate investment and construction financing.
Kristopher Homes
A residential construction firm based in Greenville, South Carolina, focusing on workforce-accessible housing.
The details
Lima One Capital utilizes a private lending model to provide construction capital, allowing builders like Kristopher Homes to execute projects in areas adjacent to city centers. The Eleanor Farms site is located within a 25-minute drive of downtown Greenville, targeting the workforce professional demographic. By leveraging private debt, builders can maintain steady development schedules in regional markets near towns like Simpsonville, Fountain Inn, and Woodruff.
Timeline
Lima One Capital was founded in 2010.
The 50+ housing projects were financed by Lima One Capital over the last 24 months.
Market Landscape
This development follows the broader industry trend of private credit firms increasingly filling capital gaps for residential developers. It reflects a shift where private debt serves as a primary fuel for regional construction projects that traditional institutional lenders may overlook.
Operators should evaluate whether private lending models offer a faster alternative for securing capital for suburban residential projects. Builders should track local housing demand indicators in satellite towns to determine if similar workforce-focused inventory can improve their project viability.
The takeaway
Private capital provides a reliable path to scaling housing inventory in regional markets where traditional lending may be slow. Owners should maintain a roster of private lenders to ensure they can sustain project momentum during periods of fluctuating credit availability.
Further reading
For broader trends in regional project development, see Construction.
Source note: This article includes information reported by Greenville Business Magazine.
Live Poll
Is enough affordable housing being built in your community to keep up with current demand?
