Pretium to Expand Access to Affordable Homeownership Through Manufactured Housing Lending

Pretium to Expand Access to Affordable Homeownership Through Manufactured Housing Lending

Cascade Financial Services to Join Firm's Residential Credit Platform

NEW YORK, September 10, 2026 - Pretium, a specialized investment firm managing more than $70 billion in assets[1], today announced that Cascade Financial Services, a lender supporting individual borrowers in the purchase of manufactured homes (MH), is joining the Pretium ecosystem.

Pretium's residential credit platform, with $29 billion of assets under management[2], provides financing to increase the nation's housing supply and create pathways to homeownership for borrowers who would not otherwise qualify for a traditional, government-backed mortgage. Through its vertically-integrated residential real estate ecosystem, Pretium originated approximately $10 billion in loans in 2025, including $5 billion in mortgage loans for homeownership.

The addition of Cascade, a specialized independent lender with national scale that exclusively serves manufactured home buyers, will enable Pretium to expand its lending to prospective purchasers of manufactured homes. These homes, built at a fraction of the time and cost of site-built housing, provide modern amenities, upscale features, and are subject to rigorous federal standards.

"Through our residential credit platform, Pretium provides funding solutions across the U.S. housing ecosystem, including financing that supports prospective homebuyers, homebuilders and developers," said Jonathan Pruzan, Co-President at Pretium. "As recognized in the recently-enacted 21^st Century ROAD to Housing Act, manufactured housing provides a way to deliver quality homes at a lower cost and expedited pace, while providing an affordable path to homeownership for working families. Cascade extends our platform with an experienced team and strengthens what we can deliver for our investors, insurance partners, and the housing market."

"Cascade's national presence, proprietary technology and personalized service have distinguished us within the manufactured housing space," said Ryan Stum, Cascade's CEO. "We are excited to combine our expertise in manufactured housing with Pretium's scale and broader residential credit experience to capitalize on the manufactured housing market while expanding access to affordable housing."

Scotiabank served as the financial advisor to Pretium.

About Pretium

Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit and corporate credit. Pretium was founded in 2012 and has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage. Pretium's platform has more than $70 billion in assets and employs approximately 7,000 people across 45+ offices, including its New York headquarters, Miami, London, Abu Dhabi, Bangalore, Seoul and Sydney. Please visit https://www.pretium.com for additional information.

About Cascade Financial Services

Founded in 1999, Cascade Financial Services is a specialized lender focused on financing manufactured and modular homes, with a mission to serve the American dream through attainable homeownership. The company offers a broad range of loan programs, including FHA, VA, conventional and portfolio financing and works with hundreds of manufactured housing retailers and communities nationwide.

Cascade combines deep industry expertise with a digitally enabled lending experience designed to make the home financing process simpler and more accessible for customers. The company maintains an A+ rating with the Better Business Bureau.

For more information visit https://www.cascadeloans.com

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Media Contact

Brenna Karp

Pretium

[email protected]

[1] As of June 30, 2026.

[2] As of June 30, 2026.