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.

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Cannabis Operation Facility

Loan Purpose:

Equipment Purchase

Loan Type:

Cannabis

Loan Amount:

300,000

50 Unit Multifamily Complex

Loan Purpose:

Acquisition

Loan Type:

Multi-Family

Loan Amount:

5,000,000

Toccoa Retail Building

Loan Purpose:

Refinance

Loan Type:

Loan Amount:

1,847,898