Landscape redesign, construction and installation comprised a substantial share of the comprehensive restoration of a 1970s-era

senior housing development. These before-and-after shots provide a feel for the scope of the project, which was overseen by Pike Development Co. of Paterson, New Jersey.

After a senior housing development in Pennsylvania sold, the new owner resolved to bring the 1970s-era community into the 21 century, architecturally – including the correction of numerous building code violations and providing overdue improvements for residents.

Landscape design played a big part in changing the atmosphere of the senior housing development, according to Pike Development Co., which oversaw the project and brought in a team including JRP Architects, Berks Ridge Construction,landscape architects and contractor Hidden Valley Nursery Inc., and project manager Solutions Advisors.

“Because of the fairly unremarkable architecture of the existing building, I was able to persuade the owners to invest significantly in landscaping as well,” said Andy Jubelt, Pike’s director of development. “People often don’t really devote much thought and care – or money – to making sure seniors have nice outdoor spaces. 

In an interview Wednesday, Jubelt praised the work of

Hidden Valley Landscape Architecture & Construction, a division of Hidden Valley Nursery, which is based in Hunterdon County, New Jersey, north of Philadelphia.

He said the award-winning firm’s recent work included a large project at the

New Jersey Governor’s Residence. Jubelt said Hidden Valley’s landscape design was a key part of the project’s success.

Revitalization of the residential community included replacement of roofs,

siding, windows and HVAC systems. Backup generators were installed in case

of power outages.

In addition to correcting the code deficiencies, a “Memory Care” unit was

added and the way common spaces were used was “reimagined,” according

to Pike Development – a division of Paterson, New Jersey-based Pike

Construction Co. LLC – explained in announcing completion of the project.

Straight rows of housing units with a narrow walkway in-between buildings

were replaced with a “Town Hall and Main Street” concept. The main

building, which housed activities and the library, was made one focal point and a new building was constructed at the other end of the square for dining, creating another focal point and sharing a Town Square for additional activities.

Seven different areas were included in the extensive exterior redesign and landscaping work, which included the addition of shady lanes with water features and

numerous places to sit and chat. A new and elegant entry was designed with covered

accessible drop-off along with a formal garden and pavilion covering an outdoor seating area. “Making a facility become alive and vibrant requires looking at spaces with the concept of designing places people want to be, want to share and interact,” said Jubelt. “This is no accident. It takes imagination and planning. “We feel we successfully changed a property with an outdated institutional feel into one that feels like a series of friendly neighborhoods.”

Andrew D. Jubelt

Andy joined the Pike companies in 2012 as the Director of Development and continues to serve inthat capacity. He has been involved in the real estate industry since 1976 and has extensive knowledge in the development and rehabilitation of commercial, residential, retail, hotel properties, and senior housing.

During his career, Andrew Jubelt has been a developer, owner and operator of commercial real estate including more than 10,000 multifamily and senior housing units. His experience includes financing, development, ground-up construction and property management of medium to large scale projects. Financing experience includes over $1,000,000,000 of both debt and equity funding from a variety of sources including traditional and private sources. Geographic experience has been national.

Educational achievements include a Bachelors of Arts degree from Upsala College, the Owners, Presidents Management Program from Harvard Business School, and has been a guest lecturer at a diverse number of professional and educational institutions. Andy is active in his community with various educational institutions and youth athletics.

Development Services

Beginning with site selection through project completion, Pike provides a wide range of services from its experienced development team. It is our mission to achieve the highest level of efficiency for each project including due diligence, approvals, design, cost and execution.
Our capabilities include:

• Site selection and acquisition
• Site plan development
• Project conceptualization
• Due diligence
• Approvals/Entitlements
• Coordinating architecture, engineering, and functionality
• Project cost review and budgeting
• Project finance and investment management

The Pike development team combines over a 100+ years of experience across a broad spectrum of property types including office, retail, multi-family and senior housing.

About Pike

For more than 58 years, the Pike Companies have completed every project on time and within budget. This impressive record has given Pike a position of prominence in the construction and development industry.

Project by project, Pike has built a proud reputation for integrity, reliability, and professional competence. Pike’s diversified experience includes commercial, industrial, hotels, office, multi-family housing, senior living, educational, institutional, and rehabilitation projects.
On the following pages and in person we invite you to explore the Pike Advantage.

#realestatedeveloper

One of the most frequently-forgotten things in real estate is that pieces of property are valuable, especially if they're in an active business district.

That, of course, is the problem. The larger a loan is, the more scrutiny any lending institution will require -- and if you aren't paying for the entire thing out of your own pocket, you'll have to limit yourself to the bank's pace as you process the paperwork. If someone else is also interested in the property, you could find yourself losing out simply because the paperwork takes so long to complete.

Bridge loans are the easiest and most effective way of overcoming this. At their core, bridge loans exist to cover the gap while long-term financing is arranged.

The Fast Facts

• Most bridge loans will last between two weeks and three years
• Paperwork for long-term financing can experience delays, so it's usually better to get a loan of several months more than you think you'll need
• Exact terms vary, but some bridge loans have no prepayment penalty, so you can easily dismiss it faster if things go well
• Due to their short-term nature, bridge loans have higher interest rates than standard loans

How Bridge Loans Can Affect Your Credit Score And Loan Amounts

Due to their short-term nature, bridge loans require significantly higher payments than other types of loans. If you have a solid amount of cash as a cushion, this can be excellent for your credit score, as consistently paying a high amount will help financial institutions regard you as more trustworthy.

In fact, the history of payments made under the terms of a bridge loan may allow you to qualify for a larger loan -- and with the prices of some types of commercial real estate, this can make the difference between getting the property you want and being forced to purchase a different location instead.

Why Bridge Loans Make Sense For Commercial Real Estate Transactions

Bridge loans have two major advantages over most other forms of money-lending: they're easy to get and they can be obtained quickly. As discussed in the introduction, this makes bridge loans ideal when you're trying to obtain a specific piece of property, especially if you have a narrow deadline for doing so.

It's also worth noting that bridge loans are often used to finance improvements to a given piece of property. For example, a bank may refuse to lend money to help purchase an old building with worn-out wiring, but once a thorough renovation has been performed and the building is no longer seen as unsafe, that same bank may be more than willing to extend an offer.

Which Types of Businesses Benefit Most from Bridge Loans?

As with all forms of lending, businesses that have a stable and reliable source of income are most likely to benefit from a bridge loans. Smaller businesses, or those with uncertain income levels, may have trouble meeting the large payments that bridge loans require.

However, this is only a general problem, and a solid business plan may be able to remove most of the disadvantages. It should not be forgotten that the main goal of a bridge loan is covering the gap between right now and when you can secure traditional, long-term financing -- and many banks will be happy to consider a business plan and work with you to create a mutually-agreeable loan agreement.

Where Can I Get A Business Loan?

Andrew Jubelt is a commercial real estate financing expert who can help you get a bridge loan for nearly any commercial real estate transaction. Contact him today at ajubelt@avant-capital.com, or call 212-231-9779 for more information. 

You know how dodgy things can get when you're trolling the New York City commercial real estate market for financing. One name that has always been trusted for connecting borrowers and lenders is Andrew Jubelt.

Andrew Jubelt can help you at every stage of the game, including helping to secure a bridge loan for your investment real estate project. He has decades of experience in real estate financing, including as a developer, owner and operator of commercial real estate,

Andrew Jubelt knows his way around a real estate investment project. Moreover, with his experience as a principal at Avant Capital Partners, Jubelt brings a definite gravitas to the table.

Oftentimes in real estate financing, there will be major holdups along the way. Administratively, things could be held up ... and yet practically speaking, you still have workers on-site who need to be paid. At the very least, you're looking at hefty fines and penalties for paperwork not being filed, taxes not being paid and fees being levied, all because financing you thought was adequately in place had actually fallen through.

Bridge loans are a great tool for anyone who finds themselves in such a situation. Maybe you're receiving your financing in stages, for instance, and find yourself in the situation of having to wait days -- or even weeks -- for the financing to clear and post to your account. This is a perfect example of a situation during which a bridge loan can come in handy. Depending on your circumstance and the bridge loan officer you're working with, you may even be able to obtain financing with low or absent points.

Another example: If you're in the predicament of wanting to close quickly on a property but find yourself waiting on the financing, a short-term bridge loan may be a good solution -- until you've retained more solid, long-term financing, of course.

Whatever your financing needs -- and whatever the length of your financing -- you should reach out to Andrew Jubelt at Avant Capital Financing. As unusual or non-standard as your circumstances may be, Andrew Jubelt has almost certainly dealt with a similar situation in the past, and he may be able to help you realize your investment real estate project goals.

We understand that you have many choices when it comes to finding short-term financing for real estate investment projects, and that's just one reason why Andrew Jubelt will work so hard for you and your business. What's more, his years of experience and his contacts within the industry promise to move your project at a surprisingly rapid clip, and with less interruptions than some other lenders may run into.

If you'd like to learn more about obtaining a bridge loan for your commercial real estate financing, contact Andrew Jubelt today. He's available to discuss the needs of all borrowers, regardless of whether you're interested in short-term financing, original financing, or potential options to exit an existing loan.

Andrew Jubelt is here to listen, ask questions, and help when he can.

As a principal at Avant Capital Partners, Andrew Jubelt can assist in providing a broad range of loan programs that can provide you or your clients with the commercial real estate funding you need. Contact Andrew Julbelt at ajubelt@avant-capital.com, or call 212-231-9779 for more information.

Investors seeking information about real estate trends often look toward the annual PricewaterhouseCoopers (PWC) report, "Emerging Trends in Real Estate". This forecast is a well-respected outlook for the real estate and land use industry, and this year, it includes the following trends that will be of interest to commercial real estate investors:

The Changing Age Game

Baby boomers used to rule the roost in terms of numbers, but millennials are now an even larger group. Usually defined as people born between 1982 and 2004, this group is 87.3 million strong, with an average age of 24. 

Millennials often rent longer and postpone homeownership. Their preferences could change, however, as they start to get a little older -- as soon as the 2020s. Survey respondents are split, however, on what choices they think millennials will make as they age. For now, Denver, Austin, and San Francisco are benefiting from their popularity with millennials. These cities are ranked in the top five for job growth.

The smaller Generation Z will also emerge, and the real estate industry will have to prepare for a nation consisting of fewer new households, consumers, and people entering the workforce.

Baby boomers’ influence isn't over, however. Some will still be a part of the workforce, and others will retire, but they’ll have a significant impact on real estate investment and development for at least the next 20 years.

Labor Markets are Reaching a Tipping Point

Although we were worried about the "jobless recovery," trends are heading the opposite way in the long term. We’re likely to experience labor shortages, not surpluses, within a few years, according to the PWC report. Job issues are at the top of the list of the most important issues influencing real estate, respondents say. Job growth tops the list, followed by wage and income growth.

Job growth is expected to be fueled by technology and energy sectors. Several cities have benefited from an infusion of tech and energy-related jobs in the past two years, including Seattle, Atlanta, and Chicago. These industries are also having a particularly large impact on Texas, with the Dallas/Ft. Worth area and Houston having had the highest tech and energy job growth numbers in the country during the past two years.

Jobs are indeed chasing people, and cities expected to have the highest job growth in the next three years are clustered in the Southwest, the Southeast, and Texas.

Event Risk is Here to Stay

Event risk -- including global unrest, geopolitical risks, and natural disasters -- is a concern for an increasing number of interviewees. Geopolitical risks grew both in number and in intensity in 2014 and threatened to become even greater.

As a result, international investment in U.S. real estate has grown across dozens of markets. Real estate holds great appeal as an asset that remains durable in a volatile world. Foreign capital is highly concentrated in gateway cities like Phoenix, Houston, and Dallas for apartments, and Hawaii and South Florida for hotels. Los Angeles, Las Vegas, Miami, and Brooklyn are tops in attracting development capital.

This country’s diversity is a strength as well as a shield, according to PWC’s report. Its strength is that in a risky world, it’s a good place to invest money and find markets and real estate opportunities that match a variety of investors’ preferences. It’s a shield because the complexity of the U.S. economy makes for greater resilience.

If you want to learn more about the latest emerging trends in real estate, Andrew Jubelt, an experienced developer, owner, and operator of commercial real estate, can help. Contact him at ajubelt@avant-capital.com or 212-231-9779.

If you’re looking for information about where to invest in commercial real estate, PricewaterhouseCoopers (PWC) has published its "Emerging Trends in Real Estate" report for over 35 years. In its recently released forecast, the following trends are among those expected to emerge:

Real Estate’s Love/Hate Relationship with Technology Intensifies

Real estate will continue to have a love/hate relationship with technology. Fear of technical disruption is easing, though, which is a good thing, considering that no form of real estate is exempt from the expansion of technology.

Survey respondents see technology opening new business paths, even when traditional industries may be lagging. It’s pushing change in space use, locations, and demand levels. Fear of technology is subsiding somewhat.

Office demand, which was once driven by financial firms, is expected to be driven by technology and media industries. Tech companies once impacted suburban communities, but now the focus is more urban.

Some respondents think we don’t yet know what the result of current changes will be. The sharing economy, in which groups such as millennials are comfortable sharing rather than owning, is already disrupting taxi and hotel industries and may also affect office properties. Excess space could be offered to other companies, by either the landlord or the tenant.

A Darwinian Market Keeps the Squeeze on Companies

Unrelenting competition makes the need for a clear "brand identity" increasingly important. Efficiency and effectiveness will not only be what investors expect -- they’ll also filter down to service providers.

Institutional investment is expected to be influenced by a desire for more control on the part of the largest investors. Capital sources will expect more services for less money.

The ongoing trend toward outsourcing could be somewhat replaced by bringing real estate talent in-house, reducing costs and improving accountability. Consolidation could increase if this trend grows.

Capital raising, already difficult for mid-tier managers, has become more difficult in Europe with the Alternative Investment Fund Managers Directive (AIFMD). These regulations increase reporting and compliance requirements. Some firms may not be able to afford these conditions, so the number of private equity and hedge fund firms seeking capital in Europe may decline. The field may become overpopulated as more players looked toward Europe for cash, followed by an inevitable winnowing.

Housing Steps off the Roller Coaster

The real estate bubble and the ensuing collapse seem to be put in the past. Residential real estate is expected to return to the classic principles of supply and demand. Confidence in residential real estate should increase -- a positive trend for the entire economy.

This hopeful outlook is due to the fact that the number of U.S. households has grown steadily, even as the housing market struggled. Demand for rental housing rose, while single-family-home construction fell markedly. Over several years, this translates into a huge shortfall in new for-sale units. The shortfall is now 9 million homes, which has enabled the "months of supply" figure to stay around five months since late 2012. Existing-home sales averaged about 2.1 million during the same period. This point of balance for single-family residential has stayed steady.

Disposable income growth has lagged for households, and prices aren’t re-inflating to bubble levels. Moderate price increases are anticipated, with only minor ups and downs in existing-home sales.

It’s a healthy, boring market that’s anticipated -- a welcome relief from the huge swings in housing over the past decade.

Andrew Jubelt, a principal at Avant Capital Partners, can advise you on commercial real estate investing and provide you with the funding you need. Contact him at ajubelt@avant-capital.com, or call 212-231-9779

If you've been contemplating getting your feet wet with investing in a commercial property but just haven't pulled the trigger, now is the time to do it. 

We are currently living through one of the most attractive commercial real estate markets for investors. Taking advantage of some of the investment properties available today will likely yield you a return that is much better than some fixed income alternatives. When that return is paired with a strong stream of cash flow and appreciation of the property, investing in today's commercial real estate market is considered to be a very prudent decision. 

Here are some reasons why the current commercial real estate market is so attractive to investors:

Interest Rates Continue to Remain Low

As of February 2015, the Prime Rate (the rate that many banks use to price commercial loans) still continues to be 3.25 percent, which is a historically low level. LIBOR, another interest rate index that is often factored into pricing commercial loans, is also hovering at one of the lowest levels it has been in decades. While no one has a crystal ball to predict what interest rates are going to do in the future, we can feel fairly certain that interest rates have no where else to go but up. Financing a property at these historically low levels can allow you to get more for your money and make a smarter investment.

High Demand for Rentals

It makes sense that smart real estate investors follow the jobs and people. With the population and job growth that New York City has consistently offered, there is always going to be a demand for real estate rentals in the city, whether it be for a multifamily property or office space. 

If you're in tune with the latest commercial real estate trends in New York, you'll know that telecommuting is on the rise. In an effort to cut costs, more companies are allowing employees to work from home, which causes these companies to have less of a need for office space. For this reason, we'll likely see an increased demand for residential rental properties in 2015. 

Investors Are Armed With More Information to Make Smarter Purchases

A plethora of resources via the Internet are available to investors to help them more accurately determine how much a property is worth before making a purchase decision. Having this access to real-time data of a property's performance can provide a clearer picture of the risk and return the investor would be getting before making the purchase.

Avant Capital Partners can help you take advantage of the incredible opportunities available in today's commercial real estate market. Andrew Jubelt, a principal at Avant Capital Partners, is a successful investor himself, owning and operating several commercial and residential properties, which include more than 10,000 senior housing and multifamily units in the area. His extensive knowledge of New York's one-of-a-kind real estate market and financing expertise allow him to serve as a valuable partner for anyone considering investing in commercial real estate. 

Are you interested in learning more about why now is the time to invest in commercial real estate? Start the process by contacting Andrew Jubelt at 212-231-9779 or email him at ajubelt@avant-capital.com. Taking advantage of the favorable conditions of today's market will go a long way in helping you to secure a smart investment.