Li joins Avant Capital Partners as a director
May 28, 2013 - Brokerage
Greenwich CT According to Avant Capital Partners, a direct commercial real estate lender and capital advisory firm, Wei "Samuel" Li has joined the company as a director. Li will originate new bridge and conventional loans predominantly in the N.Y.C. metro area.
According to Avant's founding partner, Adam Luysterborghs, "Avant is thrilled to establish a presence in Flushing and to have Li as a member of the team. His customer base, which he developed during his many years as a local banker, is highly relevant for our lending programs."
Li's expertise is in quickly evaluating bridge loan opportunities ranging from $500,000 to $30 million for developers and owners of property in transition. Many of the projects he reviews will be either quick closings for opportunistic acquisitions, the refinance of unencumbered real estate to quickly gain equity for opportunistic acquisitions, discounted note purchases and/or recapitalizations of under-water assets, construction completion loans, condo inventory loans, condo conversion loans and development site acquisitions.
Li has over 7 years of experience in the commercial real estate and banking industries. Prior to joining Avant, Li was a lending officer for a New York-based subsidiary of the Bank of East Asia, which was sold to Industrial and Commercial Bank of China (ICBC) in 2011. Li is experienced in all aspects of commercial lending, including loan origination, underwriting, loan servicing and asset management. Mr. Li received a bachelor of science in Economics from the State University of New York at Albany in 2004.