A Better Finance Network, Built for the Builders

Join the Circle

About Us

Builder Circle is a Midwest-based lending company that provides independent home builders, rehabbers, developers, and real estate investors with a better, more practical, and more efficient approach to the loan underwriting and construction draw processes.

As experienced real estate lenders with deep roots in the home building industry, we have an intimate understanding of the challenges that our borrowers often face and how we can become a tremendous value-add to their growing businesses by eliminating common inefficiencies and providing fast, reliable capital.

At Builder Circle we believe in establishing lasting relationships with our borrowers, and we have the capital, experience, and resources necessary to help them thrive.

Loan
Products

Builder Circle offers a wide variety of loan products to businesses across the country, specializing in the following:

Development
Loans

  • Financing for both land acquisition and development costs
  • Up to 90% loan-to-cost
  • Up to 75% loan-to-value (as completed)

Rehab
Loans

  • Financing for both land acquisition and rehab costs
  • Up to 90% loan-to-cost
  • Up to 75% loan-to-value (as repaired)

Acquisition and
Bridge Loans

  • Financing for land acquisition
  • Refinancing / cash-out financing for land already under ownership
  • Up to 77.5% loan-to-value (current)

Rental
Loans

  • Financing for single family rental properties
  • Financing for multifamily rental properties
  • Max loan amounts determined based upon property value and DSCR

Circle Benefits

With Builder Circle, the perks go far beyond financing.

Builder Circle borrowers have access to exclusive partner benefits, including cash management services, supplier and trade discount programs, and access to our ever-expanding network of industry partners.

Join the Circle

Broad Reach

Based in the Midwest, we have experience lending across the country to companies of all sizes and configurations.

Focused

We have simplified the borrowing process for many of our borrower partners that previously relied on friends and family capital or burdensome web-based lenders.

Invested

Our borrower partners work directly with our leadership team and decision makers. We’re with you, every step of the way.

Proven

We have successfully assisted numerous borrower partners in scaling their businesses year over year by providing the capital needed for project growth.

PARTNERSHIPS

At Builder Circle we create profitable collaborations.

In addition to offering our core lending products, Builder Circle welcomes the opportunity to partner with emerging real estate and PropTech companies across the country.

  • We have identified creative ways to assist emerging companies focused on short-term and vacation rentals, second home ownership, modular housing, and other specialty areas.
  • Our seasoned capital markets team is available to assist our partners in identifying institutional capital in the form of common equity, preferred equity, senior debt, and mezzanine debt.

Please Contact Us to discuss our unique partnership offerings.

Leadership

For Builders,
by Builders

With over 50 years of capital markets experience, 20 years of home building experience, and more than a decade of real estate and construction lending experience, the Builder Circle leadership team are experts in both the residential construction and finance industries.

Bruce Bloomingdale
Chief Executive Officer
Bruce Margulis
President
Bryan Thomas
Chief Financial Officer
Doug Rahaim
Chief Revenue Officer
Charles Simond
Head of Capital Markets
Bruce Bloomingdale
Chief Executive Officer

Bruce Bloomingdale brings a wealth of knowledge at the intersection of homebuilding, finance, and law to his role as CEO of Builder Circle. He is a licensed attorney, a co-owner of Bloomingdale Homes–a multi-generational Midwest homebuilder–and has served as a structured finance partner at top 20 global law firms in New York and London. He has earned industry recognition from Legal 500 (Tier One) and Chambers (Band One). With deep roots in finance and residential construction, Bruce is dedicated to helping home builders, real estate investors, and developers thrive.

Bruce Margulis
President

Leveraging a comprehensive background in real estate, financial services, and corporate law, Bruce Margulis serves as President of Builder Circle. In addition, he is also the co-founder of Innova Capital, a real estate lending firm with over $50 million in originations, and has held partner roles specializing in M&A and real estate law. Recognized by Super Lawyers and Best Lawyers in America, Bruce’s expertise plays a pivotal role in advancing Builder Circle’s mission.

Bryan Thomas
Chief Financial Officer

Bryan Thomas is the Chief Financial Officer of Builder Circle, bringing extensive financial leadership in real estate development to his role. Previously, he played a key role in financial strategy and operations at PulteGroup–the third-largest homebuilder in the United States–and has been involved in the success of several co-working ventures and commercial real estate projects. A CPA and licensed real estate agent, Bryan combines financial expertise with deep industry knowledge to drive Builder Circle’s continuous growth.

Doug Rahaim
Chief Revenue Officer

Doug Rahaim is the Chief Revenue Officer of Builder Circle. Previously, he has successfully negotiated hundreds of transactions at a boutique investment brokerage and became a founding agent at DOB–one of the highest producing teams in Detroit. His proven track record in residential real estate brokerage and investment strengthens Builder Circle’s position as an innovative industry leader.

Charles Simond
Head of Capital Markets

Charles Simond is the Head of Capital Markets at Builder Circle, bringing over two decades of global structured finance experience across Europe, Asia, and the United States. Before joining Builder Circle, he led international securitization origination, structuring, and financing at J.P. Morgan. His understanding of capital markets and financial strategy positions Builder Circle as an exclusive partner to builders across the country.

Interested in becoming a member of The Circle?

Contact us today to get the ball rolling.

Investment opportunities within Builder Circle are also available. Please contact us for more information.