Avant Capital Announces Programmatic Joint Venture for Commercial Real Estate Bridge Loans Nationwide

Connecticut, April 15, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – Avant Capital Partners (“Avant”), a leading private commercial real estate lender, has entered into a programmatic joint venture agreement with a Connecticut-based investment management platform More than $ 10 billion in assets (the “Platform”). The platform is an active investor in a variety of credit strategies, including real estate debt, and has hired Avant to make, underwrite, close, and manage credit investments nationwide from $ 5 million to $ 75 million.

As part of the Avant platform, the company will grant bridge loans backed by property types that include multi-family, light industrial, warehouse, office, and select hospitality and retail companies. The loan program is used to finance properties that are repositioned, newly built, in the rental phase, improved or otherwise refurbished, or that need to be closed quickly. Each loan is drawn up for repayment of the loan through a conventional bank, agency or CMBS refinance following a clear exit strategy. In addition, Avant’s mandate enables the acquisition of non-performing commercial real estate debt.

The company will complement Avant’s existing capital base, which includes assignments from family offices, foundations, life insurance companies and multiple credit facilities. Since its inception, Avant has made over 100 separate loan investments, including new bridging loans and the acquisition of distressed loans.

“We are pleased to announce this company with such a reputable and well-capitalized debt investment manager,” says Adam Luysterborghs, Managing Partner at Avant Lower Interest Rates Than Previously Offered. It is important that all debt capital investments made under this program are accounted for and that no securitization of the loans is planned. “

Summary of the terms:

– Loan Amounts: $ 5,000,000 to $ 75,000,000

– Interest rates: LIBOR plus 450 to 750

– Up to 75% LTV; up to 85% LTC on a selected basis

– One to three year term

– Real estate across the country including urban, suburban, and rural markets

– Property types: multi-family, industrial, office, hospitality and retail properties.

Bernard Wolff, Avant’s portfolio manager responsible for the company, says: “We are actively offering deals and will be announcing our first series of deals shortly. This new source of capital will greatly enhance Avant’s product offering for the commercial real estate industry and provide the flexibility to conduct business backed by both high performing and non-performing loans across the country. “

About Avant Capital Partners – Avant Capital Partners is a Connecticut-based real estate private equity firm that creates and manages investments in commercial real estate debt nationwide. The company is represented in Connecticut, New York, Beverly Hills, Chicago and Dallas and manages its portfolio of debt securities for the benefit of family office, foundation, high net worth and institutional investors.

Bernard Wolff
203-612-9581
[email protected]