Andrew Jubelt and AVANT Capital Partners Featured in the New York Real Estate Journal
As an experienced developer, no one is more acutely aware of
the need for developers to secure bridge and permanent financing for multifamily
and commercial properties, at competitive rates, than Mr. Andrew Julbelt. Mr. 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 was recently featured in the New York Real Estate Journal in
their role of facilitating permanent financing solutions for stabilized assets
and bridge or interim loans for properties that are in transition. The New York Real Estate Journal provides
the latest commercial real estate news for the state of New York, profiling the
most influential companies and people in the real estate industry.
The article profiled the $1.4 million bridge loan secured by
a condominium portfolio originated by AVANT Capital Partners. The 24-month loan
carries an interest rate of 10.75 percent, facilitating a discounted
construction loan payoff for the original developer of the project.
The 13-story building located in Brooklyn consists of a
vacant ground floor retail condominium and 38 residential condominiums that
were completed and brought to market in 2009. The property, a former piano
factory, was originally built in 1903.
Please contact Andy Jubelt at (212) 231-9779 or email Avant
Capital Partners at info@avcapital.net to learn more about permanent financing
solutions for stabilized assets and bridge or interim loans for properties that
are in transition.
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