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Avant Capital Closes $7.95 Million in Builder Inventory Loans Across Multiple States and Puerto Rico

By FisherVista

TL;DR

Avant Capital's $7.95 million in builder inventory loans provides sponsors with flexible capital to gain competitive advantages in high-growth real estate markets.

Avant Capital structured three separate bridge loans secured by residential portfolios across multiple states, using property assets as collateral for the financing.

These loans support housing renovations and community development, improving living conditions and creating better residential options for families and seniors.

One loan involves a sports agent turned real estate developer renovating 21 condos in a Florida 55+ community for Life Lease agreements.

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Avant Capital Closes $7.95 Million in Builder Inventory Loans Across Multiple States and Puerto Rico

Avant Capital, a Connecticut-based commercial real estate bridge lender, has closed three separate builder inventory loans totaling $7,950,000 secured by residential properties across multiple markets. The transactions reflect ongoing demand for specialized financing solutions in the residential real estate sector and highlight strategic lending opportunities in diverse geographic markets.

The largest transaction involved a $4,100,000 bridge loan secured by 21 condominium units within the Jacaranda Trace Condo Portfolio in Venice, Florida. Located within a 55+ active adult community, the properties are being renovated by borrower LifeStar Living for marketing under Life Lease agreements. The sponsor is led by a longtime sports agent recognized as one of the most influential figures in NBA history.

In New York City, Avant provided a $2,500,000 bridge loan secured by 10 sponsor-owned cooperative units across three Manhattan buildings. The Capital Associates Co-op Portfolio includes properties on the Upper West Side, NoMad, and Midtown East neighborhoods. The sponsor brings more than 45 years of experience in the New York real estate market with a portfolio exceeding 2,000 multifamily apartments and 1 million square feet of commercial space.

The third transaction involved a $1,350,000 bridge loan secured by properties in both Houston, Texas and Puerto Rico. The Mystic Meadow & Rio Mar Villas financing includes a luxury single-family residence in Houston's Hermann Lake community and three resort condominiums within the Wyndham Rio Mar resort in Rio Grande, Puerto Rico. Two of the Puerto Rico villas are operated as short-term rentals, providing immediate income support for the investment.

Adam Luysterborghs, Managing Principal of Avant, stated that these transactions represent the company's core business of providing inventory loans secured by condo portfolios, co-op shares and residential units that sponsors are leasing, repositioning, or preparing for sale. The company continues to deliver flexible capital solutions supporting experienced sponsors with high-quality residential inventory nationwide.

For 2025, Avant is targeting bridge loan opportunities ranging from $1 million to $75 million nationwide, with focus on multifamily, senior housing, residential portfolios and industrial assets across high-growth markets including Florida, Texas, New York, North Carolina and Georgia. The company also acquires non-performing loans secured by commercial real estate. Additional information about Avant Capital's lending activities is available at https://www.avant-capital.com.

These transactions demonstrate the ongoing liquidity available for residential real estate development and repositioning despite broader economic uncertainties. The geographic diversity of the loans highlights opportunities in both traditional markets like New York and emerging markets such as Puerto Rico, while the variety of property types indicates continued investor confidence across different residential segments including age-restricted communities, urban co-ops, and resort properties.

Curated from NewMediaWire

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FisherVista

FisherVista

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