Avant Capital Closes $7.95 Million in Builder Inventory Loans Across Four Markets
Avant Capital has closed three builder inventory loans totaling $7.95 million across Florida, New York, Texas and Puerto Rico, demonstrating continued demand for flexible financing solutions in residential real estate markets.
Avant Capital, a Connecticut-based commercial real estate bridge lender, has closed three separate builder inventory loans totaling $7.95 million secured by residential properties across multiple states and territories. The transactions reflect the company's ongoing strategy of providing capital solutions for sponsors managing individually deeded residential assets in diverse markets.
The largest transaction involves a $4.1 million 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 prominent sports agent recognized as one of the most influential figures in NBA history.
In New York City, Avant provided a $2.5 million bridge loan secured by 10 sponsor-owned cooperative units across three Manhattan buildings. The Capital Associates Co-op Portfolio spans the Upper West Side, NoMad, and Midtown East neighborhoods. The sponsor brings more than 45 years of experience in New York real estate with a portfolio exceeding 2,000 multifamily apartments and 1 million square feet of commercial space.
The third transaction involves a $1.35 million bridge loan secured by properties in both Houston, Texas and Puerto Rico. The Mystic Meadow & Rio Mar Villas portfolio 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 operate as short-term rentals, providing immediate income generation for the borrower.
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 particular 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 maintains an active strategy of acquiring non-performing loans secured by commercial real estate. Additional information about Avant Capital's lending activities is available at https://www.avant-capital.com.