$2,000,000 BRIDGE LOAN/INVESTMENT
Bronx & Westchester, NY
18, 800 Square Feet
Summer 2018 – Avant Capital completed two small balance transactions in the Bronx and Westchester County, NY. In the first investment, the company entered into a joint venture partnership in order to acquire a single-story retail commercial property in Mount Kisco, NY, located in Northern Westchester County and also provided the partnership a bridge loan to close on the purchase the property. The space is 100% pre-leased to the well-known artisanal chocolate company, Mast Brothers. In the other investment, Avant originated a first mortgage loan secured by two contiguous fully-leased mixed-use properties located in the Clason Point submarket of the Soundview market in Southeast Bronx.