Avatar Financial Group
Avatar Financial Group

Avatar Financial Group is a capital bridge lender that offers financing for nonconforming, income-producing real estate investments nationwide. Established in 2003, Avatar provides quick and flexible commercial, multifamily and residential bridge and permanent loans for projects that don’t meet bank standards. As a direct lender, the group is positioned to accept borrower applications without regulatory constraints or other institutional challenges brokerage firms can face.

High-Level Lending Parameters

Commercial Bridge Loan

Loan Amounts: $1-35 million
Loan-to-Value: 70%
Lending Terms: Up to 2 years
Interest Rate:

  • Loans up to $5 million: 7.99% to 9.99%
  • Loans more than $5 million: 5.99% to 9.99%

Markets: Nationwide in urban and suburban markets with a population of 50,000+
Asset Classes: Office, industrial, retail, mobile home parks, self-storage

Multifamily Bridge Loan

Loan Amounts: $1-35 million
Loan-to-Value: 70%
Lending Terms: Up to 2 years
Interest Rate:

  • Loans up to $5 million: 7.99% to 9.99%
  • Loans more than $5 million: 5.99% to 9.99%

Markets: Nationwide in urban and suburban markets with a population of 50,000+
Asset Classes: Multifamily properties with five or more units

Residential Bridge Loan (NOO)

Loan Amounts: $500,000 – $5 million
Loan-to-Value:

  • 90% for loans up to $2 million
  • 70% for loans more than $2 million

Lending Terms: Up to 2 years
Interest Rate:

  • Loans up to $5 million: 6.75% to 9.99%
  • Loans more than $5 million: 7.99% to 9.99%

Markets: Nationwide in urban and suburban markets with a population of 50,000+
Asset Classes: Value added purchases of 1-4 unit residential, non-owner occupied properties

Residential Bridge Loan (NOO)

Loan Amounts: $500,000 – $2 million
Loan-to-Value:
80% for loans up to $2 million
70% for loans more than $2 million
Lending Terms: Up to 30 years
Interest Rate:

  • Loans up to $5 million: 3.875% to 9.99%
  • Loans more than $5 million: 7.99% to 9.99%

Markets: Nationwide in urban and suburban markets with a population of 50,000+

Asset Classes: Value added purchases of 1-4 unit residential, non-owner occupied properties

Recently-Closed Deals

  • Hotel: In June, 2021 Avatar Financial Group provided financing for the refurbishment of a 58-room hotel in Niagara Falls, NY. The $4.7 million loan was executed at 66% LTV for a 36-month term.
  • Storage Facility: Avatar Financial Group provided an $8.95 million commercial bridge loan for a storage facility in American Fork, UT. The loan closed with a 7.99% rate and 64% LTV with a 2-year term.
  • Student Apartments: A student housing apartment property in Lima, OH received an $11.875 million multifamily bridge loan from Avatar Financial Group. The loan closed with 66% LTV, 7.45% interest rate, and a one-year term.
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