Avant Capital Closes $7.95 Million in Builder Inventory Loans Across Four 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 Florida, New York, Texas and Puerto Rico. The transactions highlight ongoing capital availability for experienced sponsors repositioning residential assets during a period of market transition and interest rate uncertainty.

The largest transaction involved a $4.1 million bridge loan secured by 21 condominium units within the Jacaranda Trace 55+ active adult community in Venice, Florida. Borrower LifeStar Living plans to renovate the units and market them under Life Lease agreements, with the sponsor led by a longtime sports agent described 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 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 and maintains a portfolio exceeding 2,000 multifamily apartments and 1 million square feet of commercial space.

The third transaction involved a $1.35 million bridge loan secured by a luxury single-family residence in Houston's Hermann Lake community and three resort condominiums within the Wyndham Rio Mar resort in Puerto Rico. Two of the Puerto Rico villas are operated as short-term rentals, providing immediate income support during the holding period.

These transactions demonstrate Avant's continued focus on providing flexible capital solutions for sponsors with individually deeded residential assets. Adam Luysterborghs, Managing Principal of Avant, stated that these loans represent the company's core business of providing inventory financing for condo portfolios, co-op shares and residential units that sponsors are leasing, repositioning, or preparing for sale.

In 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, indicating a diversified approach to real estate lending during economic uncertainty. For more information on Avant Capital, please visit https://www.avant-capital.com.