Avatar Financial Group LLC has provided two bridge loans in Honolulu totaling $4.95 mil. The separate transactions involve a portfolio of condominium units within one of the city’s most-recognized properties and a flex industrial facility on one of the city’s infill areas. Read Article
Avatar Financial Group Provides $5 Mil of Bridge Loans on Honolulu Properties
Bridge lending will fill the equity gap
Bridge lending will become more aggressive going forward with more entrants coming into the space, as well as a wall of maturities set to come due. Around $875B is expected to come due in 2026 alone. Lenders are done extending and pretending, assets are getting taken back and forced sales…
Avatar Financial Group LLC provides $4.25 million in financing for two Pittsburgh-area properties
Pittsburgh, PA Avatar Financial Group LLC provided $4.25 million in financing across two separate Pittsburgh-area transactions. The deals, which involve an industrial complex in West Pittsburgh and a hotel in Beaver Falls, reflect two distinct uses of bridge capital: one tied to working capital for a longstanding industrial operator, and the…
Why CRE Private Credit Stands Apart
The recent wave of concern around private credit is not unfounded. Some parts of the market do warrant closer scrutiny. However, much of the public discussion has treated private credit as though it were a single strategy with a single risk profile. That’s where the analysis starts to break down.…
Inside CRE Finance: Q&A with bridge lenders Boots Dunlap and TR Hazelrigg, IV
We asked two industry leaders and direct bridge lenders, Boots Dunlap, CEO and co-founder of RRA Capital and TR Hazelrigg, IV, president and co-founder of Avatar Financial Group, for their insight about the bridge lending market. Here are their thoughts. Read Article
Avatar Financial Group Provides $1.95M Bridge Loan for Industrial Building in Blackwood
An industrial property located at 521 Route 168 in Blackwood, New Jersey, features a total square footage of 162,000 square feet and is situated on 3.7 acres. The property was recently financed through a loan amount of $1,950,000 provided by Avatar Financial Group. The loan has a term of two…
Avatar Financial Group Arranges Bridge Loan for Hampton Inn & Suites Denver-Littleton
Avatar Financial Group announced it provided a $ 5.1 million bridge loan secured by Hampton Inn & Suites Denver-Littleton, an 89-suite select-service hotel in Littleton, Colorado. The two-year loan, structured at 53 percent loan-to-value, retired a maturing bank loan and gave… Read Article
Company provides multimillion-dollar loan for Palm Beach retail property
Avatar Financial Group LLC provided a one-year, $4.3 million bridge loan secured by a two-story retail property occupied by high-end clothing boutique C. Orrico at 336 S. County Road in Palm Beach… Read Article
Avatar Lends on Vacant Industrial Campus in Hawthorne’s “Space Corridor”
Avatar Financial Group LLC has provided a $16.1-million bridge loan secured by The Yukon, a three-building industrial campus totaling 52,074 square feet and located at 13100-13130 Yukon Ave. in Hawthorne. The two-year loan carries a 62% loan-to-value and financed the sponsor’s… Read Article
Pete tech headquarters converted to multifamily housing gets $5M refinancing
A historic block in St. Petersburg, once home to a tech headquarters, is now multifamily housing. Azzam Properties Corp., which bought the block at 4355 Central Ave. for $1.86 million in 2021, secured a $5 million bridge loan to refinance… Read Article
