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
“What worked on smaller projects simply wouldn’t survive a nine-figure development.”
— 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
“Suddenly, we could achieve so much more, without burning out our employees.”
— 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
“At any time, any individual in our company can look at our developments and have a good understanding of both the progress and financial health“
— Joshua Peters, VP of Construction
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
“Everyone can see the same information in real time… I don’t have to chase people for draw amounts or upcoming costs — it’s all right there.”
— Jennifer Beckett, Senior Development Accountant
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
“Northspyre has been a great development partner on our journey. The platform’s capabilities have quadrupled, and the team constantly adapts to what the market needs. It’s been a big part of why we’ve been successful and able to scale.”
— 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.
See Northspyre in Action
