Avant Capital, a Connecticut-based commercial real estate bridge lender, has originated a $19,490,000 bridge loan secured by two multifamily properties in Central Florida. The financing supports Terra Villa Park, a 41-unit residential and 3-unit commercial mixed-use property in Winter Springs, and Terra Hill Apartments, a 76-unit multifamily community in Winter Haven. The transaction underscores the strength of Central Florida's multifamily market, which continues to benefit from robust demographic and economic trends including strong job growth, population in-migration, and sustained housing demand.
Winter Springs offers residents a walkable, town center environment in a high-income Orlando suburb, while the Winter Haven property is positioned within a fast-growing market supported by major employers such as Publix, Walmart, and Lakeland Regional Health. Adam Luysterborghs, Managing Principal of Avant, stated that this financing exemplifies the company's core focus on providing flexible capital to experienced multifamily sponsors. Both properties are well-occupied with recent capital improvements and additional upside potential from ongoing renovations, making them attractive investments in growth markets.
In 2025, Avant is targeting similar projects ranging from $1 million to $75 million nationwide with a focus on multifamily and industrial assets across high-growth markets including Florida, Texas, North Carolina, Georgia, and Colorado. The company also acquires non-performing loans secured by commercial real estate. For more information about Avant Capital's lending activities, visit https://www.avant-capital.com.
The loan origination demonstrates continued lender confidence in Florida's multifamily sector despite broader economic uncertainties, highlighting the state's persistent appeal to both residents and investors seeking stable returns in well-located properties with strong fundamentals. This transaction serves as a barometer for the health of secondary and tertiary markets in high-growth states, where demographic tailwinds continue to drive demand for housing. The specific focus on properties with recent capital improvements and renovation potential indicates a strategic approach to value-add opportunities in markets with proven economic drivers.
The financing structure as a bridge loan suggests these properties may be positioned for future refinancing or sale once renovations are complete and occupancy stabilizes at higher levels. This type of lending activity supports ongoing development and improvement of housing stock in growing regions, addressing the persistent demand-supply imbalance in many markets. The geographic concentration in Central Florida reflects broader migration patterns that have accelerated in recent years, with the state continuing to attract both domestic and international residents seeking favorable climate, economic opportunity, and relative affordability compared to other coastal markets.
