Our Expertise
Construction Loans
Permanent Financing
Construction Loans
By a Developer for Developers. We have extensive experience building and funding Residential, A&D, Multi-Family, Industrial, and Hospitality.
Bridge Loans
Permanent Financing
Construction Loans
Need a quick fix to buy more time on a project? We have bridge lenders that can close in as little as two weeks, up to a 24 month term.
Permanent Financing
Permanent Financing
Permanent Financing
Ready to lock in? We have institutional funds that offer 3/5/7/10 year permanent financing at rock bottom rates.
About Close Capital
Austin Averett - Principal
Austin has over 15 years of real estate experience. He started in the brokerage world getting his real estate license the week he turned 18 and sold over 100 REO properties for Bank of America, Wells Fargo, and the VA during the GFC.
While receiving his Bachelors Degree in Finance from the University of Utah, he interned as a value-add multifamily acquisitions analyst with Peak Capital Partners and then as a development analyst with JF Capital where he was head hunted to start CW Group along side Colin Wright. There he ran acquisitions, underwriting, entitlement, design, and capital markets and was instrumental in the success of many projects spanning land development, urban infill, adaptive reuse, master-planned development, and home building.
This experience led him to the capital advisory side of the industry where his teams have funded over $250MM of commercial real estate investment and development projects - ultimately reaching the heights at George Smith Partners before starting Close Capital.
Austin started Close Capital to be able to provide a much faster and personalized service to his clients - a common frustration in the industry.
When Austin isn't working - he's hanging out with his Bernese Mountain Dog named Moose (Head of HR), golfing, traveling, or trying a new restaurants.