Builder Advisor Group

What Builder Advisor Group does

Builder Advisor Group (BAG) is a privately held boutique investment bank founded in 1996 and headquartered in Corte Madera, California, focused exclusively on M&A advisory and capital raising for the U.S. homebuilding and land development industry. The firm has executed over $30 billion in M&A transactions and helped clients raise over $20 billion in capital since 2004, and since 2021 has advised on more mergers and acquisitions for U.S. homebuilders than any other advisor. The core service offering comprises sell-side and buy-side M&A advisory, debt and equity capital raising, and ongoing strategic advisory, with revenue generated primarily through transaction-based success fees on closed deals. Distribution is direct and relationship-driven, with senior personnel physically distributed across key homebuilder markets and an annual Forum for Housing Executives serving as the firm's primary thought-leadership and origination platform.

BAG operates within a broader affiliated platform: Avila Real Estate Capital (AREC), founded in 2022 as a private real estate credit platform for acquisition, development, and construction (AD&C) lending to homebuilders and developers, has originated over $1 billion in loans, supported delivery of more than 10,000 residential lots, and closed an inaugural debt fund exceeding $700 million in commitments. In February 2024, AREC merged with Pacific InterWest (PIW), adding residential construction quality control, SB-721/SB-326 balcony inspections, HERS testing, Title 24 services, and drone-based risk mitigation. Together, the entities under common control of founder Tony Avila form a vertically integrated homebuilding financial services franchise spanning advisory, credit, and construction risk services. The firm is a registered broker-dealer and member of FINRA and SIPC, with a lean six-person core professional team.

Name

Builder Advisor Group

Legal name

Builder Advisor Group, LLC

Website

https://builderadvisorgroup.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

Builder Advisor Group is a privately held boutique investment bank founded in 1996 that provides M&A advisory, debt and equity capital raising, and strategic advisory services exclusively to U.S. homebuilders and land developers, operating alongside affiliated lending (AREC) and construction risk (PIW) platforms.

Ownership category

akta.pro rank

Product category

Investment Banking - Homebuilding M&A and Capital Advisory

NAICS

Portfolio Management and Investment Advice (523940), Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Investment Advice (6282), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Buy-Side M&A Advisory (FSAEAGAB)

akta.pro secondary industries

Debt Restructuring & Workout Advisory (Consumer & SME) (FSAEAFAH), Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)

Keywords

• Mergers and acquisitions
• Capital raising advisory
• Homebuilder investment banking
• Real estate advisory services
• Debt restructuring services

Headquarters

HQ city

Corte Madera

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. M&A Advisory Fees: Transaction-based advisory fees for mergers and acquisitions services, acting as exclusive advisor (sell-side or buy-side) for homebuilder transactions.
2. Capital Raising Fees: Fees for helping clients raise debt, equity, and project financing from institutional investors and capital partners.
3. Strategic Advisory: Ongoing strategic advisory relationships with long-term clients, including repeated transactions with the same counterparties over years or decades.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Builder Advisor Group (BAG) is a boutique investment banking firm that provides mergers and acquisitions advisory and capital raising services exclusively to U.S. homebuilders, land developers, and select global investors. Core deliverables include sell-side and buy-side M&A representation, debt and equity capital raises, joint venture structuring, and ongoing strategic advisory, supported by an affiliated private credit platform (Avila Real Estate Capital) that originates acquisition, development, and construction mortgages.

Product overview

Builder Advisor Group operates as a unified platform combining investment banking advisory services with affiliated lending capabilities. The core offering consists of BAG's M&A advisory and capital-raising services for homebuilders, supplemented by AREC's private credit lending platform for acquisition, development, and construction financing. Additional supporting services include Pacific InterWest's construction quality control and risk mitigation offerings following its 2024 merger with AREC. The annual Forum for Housing Executives serves as a client engagement and thought leadership platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Mergers & Acquisitions Advisory Strategic advisory for homebuilder M&A transactions including sell-side and buy-side representation, valuations, competitive bidding processes, deal structuring, and negotiation support for private and public U.S. homebuilders and developers.
• Capital Raising Debt, equity, and joint venture capital solutions for U.S. homebuilders and developers supporting growth, acquisitions, development and construction projects, recapitalizations, and strategic initiatives, with over $20 billion in capital raised since 2004.
• Strategic Advisory Ongoing strategic advisory services providing market intelligence, recurring engagement support, and decision support for homebuilders and developers navigating M&A, capital raising, growth, liquidity, and generational transition decisions.
• Avila Real Estate Capital (AREC) Lending Platform Affiliated private credit platform providing acquisition, development, and construction (AD&C) first mortgage loans to U.S. homebuilders and land developers, with an inaugural debt fund exceeding $700 million in commitments (closed July 2025).
• Pacific InterWest (PIW) Construction Quality and Risk Services Residential construction quality control and risk mitigation services, including peer plan reviews, course of construction inspections, SB-721/SB-326 balcony inspections, HERS testing, Title 24 services, water testing, and commercial drone data collection, integrated with AREC following the February 2024 merger.

Quantifiable outcome

• Over $30 billion in M&A transactions since 2004
• +3 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• CohnReznickminorGTM or Marketing Partner · 23 March 20262026 Forum for Housing Executives sponsor. One of three sponsors for the annual event bringing together 100+ top builders and developers.
• CCN (Community Champions Network)minorGTM or Marketing Partner · 23 March 20262026 Forum for Housing Executives sponsor.
• NewfrontminorGTM or Marketing Partner · 23 March 20262026 Forum for Housing Executives sponsor.
• Pacific InterWest (PIW)coreStrategic or Co-development Partner · 9 February 2024PIW merged with AREC in February 2024, providing comprehensive services to the housing industry. PIW provides risk mitigation services including peer plan reviews, course of construction inspections, SB-721 and SB-326 balcony/deck inspections, HERS testing, Title 24 services, water testing, and drone data collection. Collaboration began in 2016.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Eastdil Secured: Specialist real estate investment bank advising on large-cap property M&A, debt, and equity raises. Directly comparable to BAG as a focused advisor serving real estate owners, operators, and developers with relationship-driven M&A and capital markets services.

Broad incumbents

• JLL Capital Markets: Global real estate services platform with a sizable investment sales, debt placement, and equity advisory practice. Competes with BAG for homebuilder/land developer M&A mandates but operates at vastly greater scale and across all property types.
• Houlihan Lokey: Middle-market M&A advisor with a dedicated real estate, lodging, and leisure practice. Competes with BAG on homebuilder and real estate M&A engagements and offers the scale and process rigor of a much larger platform.
• Lincoln International: Global middle-market investment bank with real estate and consumer M&A practices. Competes for homebuilder sell-side and buy-side mandates at the upper end of BAG's typical deal size range.
• Newmark Group: Large commercial real estate services firm with a capital markets / investment banking arm that advises on real estate M&A and equity/debt raises. Comparable to BAG in capital-raise execution but broader in scope (leasing, property management, valuation).
• Cushman & Wakefield: Global commercial real estate services firm with capital markets and investment banking capabilities serving real estate operators and investors. Adjacent to BAG's advisory franchise but far broader in service offerings and geographies.
• Robert W. Baird: Diversified middle-market investment bank with a real estate investment banking practice. Periodically competes with BAG for builder M&A mandates and provides capital-raising capabilities across debt and equity.
• Colliers Securities: Real estate-focused investment banking arm of Colliers, providing M&A, equity, and debt advisory. Overlaps with BAG in advising property operators and developers on capital structure and exits.

Emerging players

• Zelman & Associates: Housing-sector research and advisory firm serving homebuilders, building products, and mortgage finance companies. Comparable to BAG as a homebuilding-vertical specialist, but focused on research and consulting rather than M&A execution.
• Zonda (Meyers Research): Housing market data, research, and advisory platform serving U.S. homebuilders and developers. Comparable to BAG in deep homebuilding vertical expertise but differentiated as a data and consulting franchise rather than M&A advisor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/builder-advisor-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Builder Advisor Group