Andrew D. Jubelt advises that apartment lending will remain strong in 2010 and is a favorite among lenders. Individuals should take advantage of their availability while it lasts.
Andy Jubelt forecasts that multifamily lenders should expect a significant increase in production this year compared to last. It is not expected to be noticeable until the fourth quarter but there are new financing opportunities that are appearing on the market in anticipation of this surge. Andrew Jubelt expects that lenders will evaluate based on strong location, quality improvements, and good sponsorship. Andrew Jubelt’s company, Avant Capital Partners, expects apartment lending to account for 50% of their total volume followed by office loans.
Andrew Jubelt’s experience includes over 25 years of financing, development, ground-up construction and property management of medium to large scale projects nationwide. Mr. Jubelt’s financing experience includes over $1,000,000,000 of both debt and equity funding from a variety of sources including traditional and private sources. He specializes in creative and innovative strategies to provide value-added services and enhance long term value for numerous complex transactions.
Avant Capital Partners provides debt and equity capital solutions to commercial and multi-family owner/operators nationwide. The principals and directors of the company have completed financing in excess of $5.0 billion. The company was named “Dealmaker of the Day” three times by the national Mortgage Bankers’ Association in recognition of successfully completed transactions in 2009.