Andrew Jubelt and Bullish Spring Real Estate Financing
Andrew Jubelt is an experienced developer, owner and
operator of commercial real estate including more than 10,000 multifamily and
senior housing units. His experience includes over 25 years of financing,
development, ground-up construction and property management of medium to
large-scale projects nationwide. Mr.
Jubelt is a Principal at Avant Capital Partners, a real estate investment
bank, advisory firm and correspondent lender for several institutional
investors.
According to the spring forecast by The Crittenden Report ®, the nation’s leading report
on real estate finance, good feelings will be a driving force in land loans. As
construction picks up, private money lenders will be bullish on land financing
nationwide. All this optimism will
result in private lenders filling the gap left behind by institutional lenders
that avoid land by providing more non-recourse financing this year.
Bridge Loan Space
Grows Rapidly
Bridge lenders will fund more bridge deals thanks to the
strong takeout market and increasing property values. The sub-$5M bridge loan
space will grow rapidly, forcing lenders to get creative on small deals and
underwrite more aggressively as competition increases.
And while multifamily and single-family land will be
favored, The Crittenden Report recommends watching for an expansion in land
zoned for mixed-use, both residential and retail. Retail land will need a
strong anchor and lenders will look closely at leasing and location when
deciding on deals.
Avant Capital Can
Help Borrowers During This Bullish Time
Avant Capital offers bridge loans to meet the needs of
borrowers purchasing or holding properties that are being repositioned,
re-tenanted, or otherwise redeveloped, with a clear exit strategy for loan
repayment. This balance sheet lending program offers competitive bridge loan
rates, interest only payments and quick closings.
Capabilities include:
Capabilities include:
·
Quick closings for acquisitions
·
Refinance unencumbered real estate quickly to
access equity
·
Discounted note purchases and/or
recapitalizations
·
Construction completion
·
Condo inventory loans
·
Development site acquisition
·
Other non-bankable transactions
Contact AndrewJulbelt at ajubelt@avant-capital.com or call at (212) 231-9779 for more
information on how a bridge loan may work for you.
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