Close Date:
August 5, 2022
Loan Purpose:
Refinance
Asset Class:
Hotel
Loan Amount:
$16,000,000
Avana Companies closed a $16MM loan on August 5, 2022. Financing was provided to refinance a 146-room hotel in Aurora, IL.
The subject property was built in 2004. It includes 146 rooms, a breakfast/dining area, an indoor pool, an indoor whirlpool, a fitness room, an outdoor sport court, a business center, a market pantry, a guest laundry room, and an outdoor patio and barbecue area.
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