Andrew Jubelt and the Top NYC Real Estate Investments Today

Andy Jubelt is an experienced developer, owner and operator of commercial real estate, including more than 10,000 multifamily and senior housing units, and is a Principal at Avant Capital Partners.  Avant Capital Partners is a direct commercial real estate lender focused upon financing stabilized and transitional commercial real estate.

Although Andrew Jubelt offers a broad range of financing capabilities nationwide, Mr. Jubelt understands the NYC marketplace like no other.

New York City real estate sponsors turn to Mr. Jubelt and Avant Capital for financing solutions because they possess the knowledge necessary to understand the unique facets  of a deal in New York City, and the resources to close a transaction with the speed and efficiency. With the valuable help and insights of  real estate industry professionals, Avant Capital, has compiled data and market viewpoints to create individualized reports for each distinct NYC neighborhood. The top New York City neighborhoods to invest in real estate currently include: Brooklyn Neighborhoods, including Crown Heights North, Clinton Hill and Bed-Stuy. Less expensive than other housing stock in the five boroughs, these neighborhoods have gotten popular with the “hipster” set. DUMBO [Down Under Manhattan Bridge Overpass). It has all of the elements that make a neighborhood great, including a mix of retail and commercial space, cultural dining and shopping, and easy access to transportation. Financial District. The lower tip of Manhattan is packed with value thanks to its laid-back vibe, easy access to transit and popular attractions like South Street Seaport and Battery Park. Greenpoint. Luxury developments, decent public schools, abundant public transportation outlets – including the snew East River ferry – and its proximity to other well-established areas like Williamsburg and Long Island City. Hamilton Heights. It doesn't feel like Manhattan and is perfect for those in search of a slower pace, more room for their buck or just a quiet trip to the park, the neighborhood offers lower rents. Harlem. The area's crime has decreased, retail has boomed and construction has picked up. Long Island City. Quickly evolving into a well-rounded neighborhood with new schools, park space, hotels, an upcoming library and more that will continue to boost values in the neighborhood

Andrew Jubelt and Avant Capital Partners offers a range of loan programs that can provide your clients with the funding they need to improve their current cash flow, recapitalize under-water assets or acquire new commercial properties for business or investment purposes  − in New York City and nationwide.

Contact Andrew Jubelt at ajubelt@avant-capital.com or at (212) 231-9779 to discuss financing for land acquisition and development, as well as construction of residential housing and commercial properties.

Andrew Jubelt and the Underwriting Process

Andrew Jubelt is a Principal at Avant Capital Partners, a real estate investment bank, advisory firm and correspondent lender for several institutional investors. Avant Capital Partners is a commercial real estate lending firm that offers bridge and conventional financing from $500,000 to $30,000,000 nationwide.

The company is comprised of a national team of seasoned real estate professionals with diverse backgrounds in all aspects of commercial real estate investment, banking, brokerage and lending, including the origination and underwriting process. The origination and underwriting process protects the interests of our investors, correspondents and partners, while also providing flexible capital solutions to our borrowers and referral sources.

What is underwriting?

Underwriting refers to the process that a large financial service provider  uses to assess the eligibility of a customer to receive their products (equity capital, insurance, mortgage, or credit). The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.

What does an underwriter do?

No lender funds or closes on a loan without the approval of an underwriter. Underwriters are real estate detectives − it is their job to make sure that you have represented yourself and your finances in a truthful way. Their standards are much higher than loan pre-qualification requirements. Sometimes the underwriter’s job is to simply check over the figures, make sure all paperwork is in order and give their approval. Other times, he/she must look over all of the paperwork and make a sound decision based on her experience and good judgment.

By law, mortgage underwriters are required to exercise due diligence and thoroughly scrutinize all loan applications, which can take a great deal of time. Mortgage applicants with riskier credit and employment profiles tend to take the longest time to obtain underwriter approval of their loan applications.

Please contact Andy Jubelt at (212) 23109779 or email Avant Capital Partners at info@avcapital.net to learn more about the origination and underwriting process.