Close Date:

February 9, 2023

109-Room Hotel

Loan Purpose:

Construction

Asset Class:

Hotel

Loan Amount:

$16,573,500

Details

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.