5 Business Days To Closing: Andrew Jubelt & Avant Capital
Andrew Jubelt is a Principal at Avant Capital Partners, a real estate investment bank,
advisory firm and correspondent lender for several institutional investors. Mr.
Jubelt specializes in creative and innovative strategies to provide value-added
services and enhance long-term value for numerous complex transactions. As an
experienced owner/operator, Mr. Jubelt brings his years of broad-based
experience to the process of acquisition financing, recapitalizing under-water
projects, including both debt and equity.
AvantCapital Partners, a commercial real estate lender, capital advisor and leading
Greenwich CT bridge lender, has successfully originated a $2,500,000 bridge
loan secured by a development site in New York, NY. The transaction took five
business days from term sheet to closing.
The
site is approved for the development of a seven-story mixed-use condominium
building and the eighteen-month loan carries an interest rate of 10.00%.
This
is a prime location with high demand for new condominiums. The development
site, located in the Lower East Side of Manhattan, lies on Grand Street between
Orchard and Ludlow Streets and is in close proximity to the Grand Street
Subway. Construction is expected to commence in the near future, since
approved architectural plans are already in place. When completed, it
will have two retail units and twenty residential condo units.
AndrewJubelt and Avant Capital provide commercial mortgages for stabilized and in-transition
investment and owner occupied properties nationwide. They offer permanent
financing solutions for stabilized assets and bridge or interim loans for
properties that are in-transition. Avant Capital is a NY bridge lender
and the company is geared towards assisting developers capitalize on time
sensitive and other non-bankable transactions that require flexible financing.
0 comments