Avant Capital Closes $7.95 Million in Builder Inventory Loans Across Multiple Markets

By Burstable New York Team

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 Markets

Avant Capital, a Connecticut-based commercial real estate bridge lender, has closed three separate builder inventory loans totaling $7,950,000 for residential properties across multiple states and Puerto Rico. The loans reflect the company's ongoing strategy of providing flexible capital solutions for sponsors managing individually deeded residential assets in various 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. This 55+ active adult community will see renovations and marketing under Life Lease agreements by borrower LifeStar Living, which is led by a prominent sports agent and influential NBA figure.

In New York City, Avant provided a $2,500,000 bridge loan secured by 10 sponsor-owned cooperative units located across three Manhattan buildings on the Upper West Side, NoMad, and Midtown East. 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 financing covers 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. Additional information about Avant Capital's investment strategies can be found at https://www.avant-capital.com. The company also maintains an active role in acquiring non-performing loans secured by commercial real estate as part of its broader investment approach in the commercial real estate debt market.

Curated from NewMediaWire

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Burstable New York Team

Burstable New York Team

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