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Prescient announces $190M in funding

The Charlotte, North Carolina-based company leverages offsite manufacturing and lightweight steel construction to help developers and general contractors create multifamily and hospitality projects more quickly and with less expense, according to the firm. All of its components are made from 100% recycled steel that can be taken apart, reused or recycled, the company said.

Tim Dunn, chairman of JE Dunn Construction and a Prescient board member, said the benefits of Prescient’s system are many. Dunn, who declined to specify the amount of his company’s investment, has used the system in past projects.

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