FAQ: Avant Capital's $7.95 Million Builder Inventory Loans Across Multiple States

What is the main announcement in this content?

Avant Capital has closed three separate builder inventory loans totaling $7,950,000 secured by condominium, co-op and residential portfolios across Florida, New York, Texas and Puerto Rico.

Who is Avant Capital and what do they specialize in?

Avant Capital is a Connecticut-based commercial real estate bridge lender that focuses on providing flexible capital solutions for sponsors with individually deeded residential assets, targeting bridge loans from $1 million to $75 million nationwide.

What are the three specific loan transactions mentioned?

The transactions include: a $4,100,000 loan for the Jacaranda Trace Condo Portfolio in Venice, FL; a $2,500,000 loan for the Capital Associates Co-op Portfolio in New York, NY; and a $1,350,000 loan for Mystic Meadow & Rio Mar Villas in Houston, TX and Rio Grande, PR.

What types of properties secure these loans?

The loans are secured by 21 condominium units in a 55+ active adult community in Florida, 10 sponsor-owned cooperative units across three Manhattan buildings, a luxury single-family residence in Houston, and three resort condominiums in Puerto Rico.

What is the purpose of these builder inventory loans?

These loans support sponsors who are leasing, repositioning, or preparing residential inventory for sale, providing flexible capital solutions for experienced real estate developers and investors.

Who are the sponsors/borrowers involved in these transactions?

The sponsors include LifeStar Living (led by a longtime sports agent and influential NBA figure) for the Florida properties, Capital Associates (with 45+ years of NYC real estate experience) for the New York co-ops, and an unspecified sponsor for the Texas and Puerto Rico properties.

What markets does Avant Capital focus on for 2025?

In 2025, Avant is targeting bridge loan opportunities nationwide with a focus on high-growth markets including Florida, Texas, New York, North Carolina and Georgia, covering multifamily, senior housing, residential portfolios and industrial assets.

What additional business activities does Avant Capital engage in?

Beyond providing bridge loans, Avant Capital also acquires non-performing loans secured by commercial real estate as part of their investment strategy.

Who should I contact for more information about Avant Capital?

For more information, contact Adam Luysterborghs, Managing Principal of Avant Capital, at (203) 612-9580 or [email protected]. For media inquiries, contact Roger Pondel at PondelWilkinson Inc. at (310) 279-5965 or [email protected].

Where can I find the original release and more details?

The original release can be viewed on www.newmediawire.com, and more information about Avant Capital is available at www.avant-capital.com.