Honored to be included among The Crittenden Report’s leading bridge lenders for 2023! We’re proud of our accomplishments and the impact it has on commercial borrowers and their surrounding community. AVANA reports a volume of $100M-$150M, with $70M funded so far this year, including $3M-$20M loans for multifamily, industrial, self-storage, AFL/memory care and hotels. Plus, 65%-75% LTV; up to 36-month terms; 30-day SOFR+ 450-600 basis points, WSJ Prime+ 250-500 basis points, 1.50%-2.50% fees; recourse, partial and non-recourse available; and top 200 MSAs. https://hubs.li/Q028St0F0 #bridgeloans #bridgelending #commercialrealestate #multifamilyinvesting #industrialdevelopment #hotelinvestment
Excellent work, team! It's our people behind the loans who make AVANA Capital such a successful lender.
Congratulations on being recognized as one of The Crittenden Report's leading bridge lenders for 2023, AVANA Capital!