Close Date:

September 20, 2021

Major Chain Hotel & Property

Loan Purpose:

Cash-Out Refinance

Asset Class:

Hotel

Loan Amount:

5,373,495

Details

Avana companies recently closed a $5,373,495  cash-out refinance loan with a significant client. The loan will be used to refinance a hotel building located in Beaumont, NY.

The hotel is a 9-minute drive from downtown Beaumont, with its port, Old Town, shopping, and dining. The Beaumont Civic Center is just 11 minutes away.

AVANA helps fund projects for property acquisition, refinancing, or construction. With extensive experience in owner-occupied real estate, our team understands the importance of aligning financial terms with your business strategy to ensure timely results and execution.