Close Date:

July 9, 2024

80-Room Hotel in Jacksonville

Loan Purpose:

Refinance

Asset Class:

Hotel

Loan Amount:

$7,000,000

Details

On July 9, 2024, AVANA Companies successfully closed a $7,000,000 loan. The borrower intends to utilize the loan to refinance two existing loans taken out for the acquisition of a hotel in Jacksonville, Florida.