Avondale Private Lending

Avondale Private Lending is a private lender specializing in residential real estate financing. Through our private lending fund, we provide bridge, renovation and construction loans to professional home builders, real estate investors and developers.  Our borrowers choose to work with us because we offer simple, fast funding that most banks do not provide. Our investors are invested in a diversified portfolio of over 100 loans and receive passive income of 8-10% per year, paid monthly.

JOHN SPEARS

Founder & CEO

Avondale Private Lending was founded by John after his own private lending experiences in 2015. After funding several successful renovation projects in Dallas he came to realize the significant opportunity in private lending, for both real estate borrowers and income-oriented investors. Since then, Avondale Private Lending has originated over 550 private loans totaling over $250 million, and delivered consistent 8-12% annual returns to the fund’s investors. He is a member of the American Association of Private Lenders (AAPL) and has completed the Certified Fund Manager designation from AAPL.  He received his bachelor’s degree in finance from TCU.

ANDREW BENTON

Chief Operating Officer

Andrew has over 10 years of experience in private lending, and specifically private lending investment funds. He previously worked as the head of residential new construction lending at Longhorn Investments and as Managing Director of Parkview Financial. Prior to Parkview, Andrew was an early employee and lead underwriter at Arixa Capital. Throughout his career in private lending, he has closed in excess of $1 billion of commercial and residential construction loans. At Avondale, Andrew works with fund investors in an investor relations role and focuses on business development and marketing. Andrew has a Bachelor of Arts degree from Azusa Pacific University.

ELIZABETH WARE

Loan Servicer

Elizabeth is our go-to for loan servicing, which includes the many tasks associated with the 90+ renovation and new construction loans in our loan portfolio. She funds new loans as they close and then works with borrowers on their construction draws, insurance policies, monthly statements, loan payoffs and lien releases. Previously, Elizabeth was a loan specialist with PennyMac Loan Services and a Client Service Rep with Invesco. She has completed the Certified Private Lender Associate (CPLA) designation from the American Association of Private Lenders and graduated with a degree in Business Administration from Southern Adventist University.

Ryan Barnett

Construction Manager

Ryan has over 15 years of experience in construction management and owns a business specializing in home construction and renovations. For Avondale, Ryan reviews all construction draw requests from borrowers and estimates the amount of completion associated with each construction and renovation loan. In addition, Ryan inspects properties and coordinates with third-party inspectors to verify construction progress. He studied aviation maintenance and technology at the Aviation Institute of Maintenance.