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AscentDS Expands Lending Platform into Manufactured Housing
Ascent Developer Solutions (AscentDS), a Los Angeles-based lender to real estate developers, has expanded its lending platform to include financing solutions tailored to modern manufactured housing communities and infill opportunities. AscentDS plans to expand its efforts nationally in secondary and tertiary markets in need of workforce housing, with new construction opportunities most prevalent throughout Texas, Florida and the Southeast.
“Manufactured housing is the most practical solution to our nation’s affordable housing crisis,” said Gene Kim, EVP, CRE strategies, who spearheads the firm’s entry into manufactured housing. “New manufactured homes cost less than a third of site-built homes, offering millions of families the opportunity of home ownership. AscentDS’s goal is to partner with developers and operators in providing newly developed and renovated manufactured home communities throughout the country.”
AscentDS financed its first manufacturing housing community, a major acquisition exceeding 400 home sites located in Texas, at the end of December 2025.
- ◦Financing
