Close Date:
February 9, 2023
Loan Purpose:
Construction
Asset Class:
Hotel
Loan Amount:
$16,573,500
AVANA Companies funded a $16MM loan to construct a hotel in Norco, California. The project will (once complete) will be broken into a 1st and 2nd mortgage through the SBA 504 program. We have significant experience in the complexities of hotel construction and will work side by side with you throughout the life of your project.