Andrew Jubelt and AVANT Capital Introduces AVANT Capital Bridge Direct $1-$20 Million
Andrew Jubelt is a principal at AVANT Capital Partners,
bringing his years of broad based experience to the process of acquisition
financing and recapitalization of under-water projects to this a real estate
advisory firm and lender.
Avant Capital Partners now offers bridge loans to meet the
needs of borrowers purchasing or holding properties that are being
repositioned, re-tenanted, improved or otherwise redeveloped, with a clear exit
strategy for loan repayment. This direct
lending program offers competitive bridge loan rates, interest-only payments
& quick closings.
Benefits of these bridge loans include:
- Quick closings for opportunistic acquisitions
- Refinance unencumbered real estate quickly to gain equity for opportunistic acquisitions
- Discounted note purchases and /or recapitalizations of under-water assets
- Sale/leaseback of property to avoid foreclosure
Basic limits of the lending program are:
•
Loan amounts from $1,000,000 to $20,000,000
•
Fixed interest rates from 11.00% to 14.00%
•
Loan fees from 2.00% to 4.00%
•
Up to 65% LTV
•
12 month terms, with extensions
•
Target Markets: Northeast corridor,
Florida, California and Texas. Other core markets will be considered.
•
Property types under consideration include
multifamily, industrial, office & retail
•
Land and construction loans considered in New
York and Southern California
•
Closing timeframes range from fifteen to thirty
five days
For more information about the Avant Capital Partners Bridge
Loan program, or any of the transitional
commercial real estate loan program, contact Andrew Julbelt at
ajubelt@avant-capital.com or call at (212) 231-9779.
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