Close Date:

July 29, 2022

Multi-Tenant Retail Center in McMinnville

Loan Purpose:

Refinance

Asset Class:

Retail

Loan Amount:

3,730,000

Details

Avana Companies closed a $3,730,000 loan on July 29, 2022.  Financing was provided to refinance a multi-tenant retail center in McMinnville, OR.

The property is built on a 3.35 acres site and the buildings area total is 35,444 square feet. There are 13 tenants in the property (coffee shops, restaurants, a bank and a fitness center).

McMinnville is the county seat and largest city in Yamhill County, OR.  Known as a wine-lover’s heaven and a Pinot Noir paradise, McMinnville is at the epicenter of Oregon’s famous wine valley with over 220 wineries and vineyards.

As a direct lender, AVANA Capital serves business owners across the country by providing fast, flexible and reliable financing.

Flagging for the future.