Last year’s capital markets volatility considerably slowed both development and investment. In this first article of a four-part series, Connect CRE asked experts to provide clarity about what happened in 2023 and their 2024 forecasts. In the coming weeks, additional topics will focus on what projects lenders are more likely…

Throughout the month of August, Connect CRE is running a series titled “Leading in Tough Times.” We’ve asked leaders around the U.S. and across the commercial real estate spectrum to share their wisdom and discuss lessons learned. In this installment, you’ll hear from Avatar Financial Group LLC’s President and Co-Founder,…

Image Courtesy of Engel & Völkers International Real Estate Seattle-based Avatar Financial Group LLC (Avatar) has provided an $8.75 million bridge loan to custom home builder Iluminus Group to complete the construction of a 17,500-square-foot ski mansion in Park City, UT. The property, currently being resold for a listing price…

By Jerry Zevenbergen & T.R. Hazelrigg IV Commercial real estate investors will face some difficult days ahead and savvy lenders will need to apply the lessons learned through previous cycles of the credit crunch. Fifteen years ago, cheap credit and lax lending standards fueled a housing bubble that set off…

A Seattle lender is providing $30 million in financing to upgrade a three-building Plano office park. The bridge loan from Avatar Financial Group LLC (Avatar) will be used to repair and improve City-View Corporate Center on West 15th Street near U.S. Highway 75 and provide capital for build-out of office…