Avant Capital

(Avant Capital Partners)

101 Franklin Street, 2nd Floor Westport, CT 06880

People:

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Company Activity past 24 months:

Seller company: 1 for $6.6 million

Lender company: 3 for $77.8 million

Top Ten Associated People:

Sheng Zhang (2), Bijan Nassi (1), Theodore Kakoyiannis (1)

Recent activity as company:

Avant Capital sold 52 East 64th Street, Lenox Hill, Manhattan for $6.6 million to Imian Partners and Valyrian Capital on December 24, 2024.

Xin Development Group International borrowed $32.5 million from Avant Capital for 615 10th Avenue, 631 10th Avenue, 625 10th Avenue, 619 10th Avenue, and 505 West 44th Street, Hell’s Kitchen, Manhattan on December 13, 2024.

Xin Development Group International borrowed $32.5 million from Avant Capital for 615 10th Avenue, 631 10th Avenue, 625 10th Avenue, 619 10th Avenue, and 505 West 44th Street, Hell’s Kitchen, Manhattan on December 13, 2024.

Bijan Nassi borrowed $12.8 million from Avant Capital for 97 University Place, 60 East 11th Street, and 58 East 11th Street, Greenwich Village, Manhattan on April 11, 2023.

Barry Leon borrowed $0 from Shahn Anderson for 388 Broadway, Chinatown, Manhattan on January 10, 2023.

Meadow Partners borrowed $26 million from Sterling National Bank for 105 Mac Dougal Street and 103 Mac Dougal Street, Greenwich Village, Manhattan on September 20, 2021.

Davean Holdings borrowed $16.5 million from Avant Capital for 105 Mac Dougal Street, West Village, Manhattan on June 19, 2020.

Latest Stories:

• Imian Partners, Valyrian Capital pay $6.6M to Avant Capital for mixed-use in Lenox Hill (December 26, 2024)

• Xin Development signs $32.5M refi with Avant Capital for retail in Hell’s Kitchen (December 16, 2024)

• BH3 Management pays $50M for 52 unsold condo units in Hell’s Kitchen, through bankruptcy (October 25, 2024)

• Xin Development Group places $123M Hell’s Kitchen condo in bankruptcy (January 08, 2024)

• Xin Development sues lender BH3 Management over 92-unit Hell’s Kitchen condo loan (November 27, 2023)

• The Flag signs $28M acquisition loan with Webster Bank in Greenwich Village (June 28, 2023)

• The Flag makes first NYC purchase paying Davean Holdings, Meadow Partners $48.9M (June 22, 2023)

• Bijan Nassi signs $12.8M refi in Greenwich Village, prior lender filed pre-foreclosure (April 12, 2023)

• $13.5M notes secured by 8-unit Chinatown walkup sold (January 12, 2023)

• Pre-foreclosure filed on Bijan Nassi Greenwich Village office property with $10.5M loan (November 30, 2022)

Court Records:

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