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November 8, 2012

Blueprint Capital

Blueprint Capital, a residential construction lender in Seattle, reported its 10th consecutive quarterly profit. For the third quarter ended Sept. 30, earnings increased 47 percent to $951,358 compared to $647,827 in the third quarter a year ago. Year-to-date earnings were $2.8 million compared to $1.5 million in the like period a year ago. Earnings were driven by growth in one- to four-family construction loans, according to Mark Knoll, co-founder and CEO. The firm focuses on small-scale urban development, and also helps with finding new projects and marketing. In the third quarter it funded 49 loans for a total commitment of $35.8 million.




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