The Challenge
Gaining operational efficiency to scale ground-up development
—Existing processes became the limiting factor on growth.
The inflection point
- Launched a ground-up development arm in 2022
- Financial complexity increased with larger projects (draws, cash flow, vendor payments)
Systems not built to scale
- Core workflows ran on Yardi, Excel, PDFs, and email threads
- Draw packages took 40+ hours to create
- Manual processes slowed funding timelines and increased risk
The risk
- Manual processes didn’t scale
- Errors, delays, and operational strain became unavoidable
“Before Northspyre, it took a lot of effort to execute just one development project, and we knew that we wanted to scale.”
— Joshua Peters, VP of Construction
How Trilogy Scaled With Northspyre
From manual processes to scalable control — without adding overhead
Draw management in hours, not weeks
- Centralized budgets, invoices, and draws in one platform
- Eliminated manual work and disjointed workflows
- Accelerated reimbursements and reduced month-end pressure
Impact
- Draw packages reduced from 40+ hours to minutes
- Saved 20+ hours per project per month
“Per project, it probably saves 20 hours a month. We’re able to really take a lot of lift out of what had been our excel spreadsheets, [and] we’re able to put more and more of the lift on Northspyre.“
— Joshua Peters, VP of Construction
Real-time visibility into budgets and cash flow
- Single source of truth across development, construction, and finance
- Real-time dashboards replace static reports and spreadsheets
- Issues identified before they become risks
Result
- Accurate cash flow forecasting
- No budget overruns or untracked costs while scaling
“Northspyre allows us to have everything in one place in terms of budgeting and the development and construction portion. It keeps us all on the same page and it keeps us operating efficiently.”
— Jennifer Beckett, Senior Development Accountant
Stronger controls without slowing teams down
- Role-based permissions keep data secure
- Shared dashboards keep teams aligned without constant follow-ups
- Finance, development, and lenders operate from the same data
Outcome
- Fewer handoffs and redundant conversations
- More asynchronous work across teams
- Higher productivity without added headcount
“It’s allowed us to stay organized with commitments, cost forecasting, cash flows, equity [and] capital requirements, managing a complex capital stack. It’s really made that an intuitive, quick, and I’d say an efficient process all around.”
— Joshua Peters, VP of Construction
The Northspyre Difference
What changed after implementation
- 90% reduction in draw processing time
From 40+ hours to under one hour per draw - 400% growth without added headcount
Trilogy expanded development operations without hiring for draw or financial tracking - Faster, smoother lender reporting
Eliminated redundant processes and last-minute scrambles - Scaled from $60M to $600M+ in active development
Growth that leadership says wouldn’t have been possible before
“It’s allowed us to grow, focusing on our core business goals without having to worry about the financial health of our developments. Having those real-time insights into all of our developments across a large portfolio at any instant has been invaluable.”
— Joshua Peters, VP of Construction
Ready to take control of your projects?
See how Northspyre helps development teams gain real-time control over budgets, draws, and cash flow
—to scale with confidence.
