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» Avatar Funds $2,600,000 Loan in CA, the Second for Luke Brugnara

Closed on 3/8/07

Property Description:

112 Acres of Entitled Land in Gilroy, CA

brugnara1Luke Brugnara is an experienced real estate investor with over a decade of successful experience. When he found a great piece of property in Gilroy, CA, he turned to Avatar for a fast bridge loan. Undeveloped land does not generally qualify for conventional financing. Avatar turned the loan around in just a few weeks.

Previously used for ranching, the Gilroy property is now approved for four separate building sites. The beautiful scenery found here will most definitely be in high demand!

This is Mr. Brugnara’s second loan with Avatar. He plans to sell or refinance the property in the near future.

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