Andrew Jubelt

According to the National Association of Realtors chief economist Lawrence Yun, job creation is “fueling an underlying demand for commercial real estate space, assisted by steady increase in consumer spending”.  Yun expects the roaring economy to add 2 to 2.5 million jobs both this year and 2013, following a 1.7 million in job growth in 2011. 

 

The greatest impact of the positive job outlook has been in multifamily housing.  According to Yun, newly formed households, emboldened with jobs, are now striking out on their own and increasing a demand in apartment rentals.  Vacancy levels are expected to drop from 4.5 percent in the second quarter 2012 to 4.3 percent by the second quarter in 2013.  It is now generally considered a landlord’s market, thus justifying higher rent demands. The average rent is expected to rise 4.0 percent in 2012 and another 4.1 percent in 2013. 

All this activity in the rental market has real estate investors reinvigorated after years of sluggish growth and opportunities.  Andrew Jubelt, Principal at Avant Capital Partners, has years of broad-based experience and can provide investors the real estate financing options that are vital in this active marketplace. Through extensive relationships with investment banks, insurance companies, regional and community banks, credit unions, hedge funds, private clients, family offices and other traditional and non-traditional sources of capital, Andrew Jubelt and Avant Capital Partners provide debt & equity placement via AVANT Multifamily Programs. The AVANT Multifamily Programs include:

Avant Multifamily Growth Program
This program offers competitive leverage, low long-term fixed or floating rates and additional fundings as the operating income of the property increases over time. Loan sizes range from $1M to $50M and non-recourse is available in certain markets.

Avant Small Balance Premier
This non-recourse program offers a five-year term and low rates for apartments and other multifamily properties, as well as self storage properties. The declining prepayment schedule of 3%-2%-1%-0% is an attractive feature for investors seeking greater flexibility. 

Eligible property types include apartments, manufactured housing communities, mobile home parks, assisted living centers, mixed-use properties, and portfolios. 

Contact Andrew Jubelt and Avant Capital Partners at (212) 231-9779 or ajubelt@avant-capital.com for more information about the Multi-family Programs.