Traditional Bridge Program
Non-bankable and quick close loans
Loan Size: $1MM to $25MM
Loan-to-Value: Up to 75%+, Up to 85%+ for stretch senior
Loan Term: 12-24 months, with extensions
- Interest Rate: Call for current rates
- Amortization: Interest only
- Fees: 1 point at origination and 1 point at exit
- Recourse: Full, limited and non-recourse considered
- Property Types: Multifamily, condo, mixed-use, retail, assisted living, office, industrial/warehouse and development sites
- Lending Area: Nationally
- Closing Time Frame: Typically 2-3 weeks
- Transaction Types: Purchases, distressed/discounted payoffs, cash-out refinances
Bridge loans for real estate investors who require financing for a special situation, a quick closing, a “heavy-lift” repositioning, a NPL/REO auction acquisition or DPO.
Institutional Bridge Program
Non-securitized interim financing
Loan Size: $5MM to $75MM
Loan-to-Value: Up to 75%+, Up to 85%+ for stretch senior
Loan Term: 12-36 months, with extensions
- Interest Rate: Call for current rates
- Amortization: Interest only
- Fees: 1 point at origination and 1 point at exit
Recourse: Full, limited and non-recourse considered
- Property Types: Multifamily, condo, mixed-use, retail, assisted living, office, industrial/warehouse and development sites
- Lending Area: Nationally
Closing Time Frame: Typically 3-4 weeks
Transaction Types: Purchases, distressed/discounted payoffs, cash-out refinances, rehab, construction completion, and other situations that are time sensitive or otherwise unbankable
Floating rate loans for experienced sponsors who are acquiring or recapitalizing transitional properties.
Why Us
Fast Closing
Because we are not a regulated financial institution, we can move quickly, and can close loans in two weeks.
Flexible
Our loans are structured to meet your requirements. We don’t adhere to rigid bank underwriting requirements.
Loan Servicing
We service our loans in house. You will deal with a single point person to process draws and other loan administration matters.
Real Estate Expertise
Avant’s partners are real estate practitioners and investors – not financial engineers. We understand property and how to structure loans to meet borrower’s needs.
Easy to Work with
At Avant you will work with a partner – not an analyst. We make quick decisions, and deliver on our promises.
Competitive Pricing
While our cost of capital is typically higher than commercial banks, we move faster than banks and are less expensive than hard money lenders.
Work with us
We make speedy decisions and can approve and fund in days.