Kevin Darroch had a great opportunity in front of him. And a big problem.
With the help of AVANA Capital, a growing Southern California home healthcare provider was able to purchase the property it had been leasing since 2012, and plans to use it as its expanded headquarters.
AVANA Capital recently provided a textbook example of how to step in and get a deal done for brokers and business owners alike.
AVANA Capital has provided $17.2 million through a conventional bridge loan to Mainstreet Property Group LLC, a private real estate development company specializing in healthcare. The loan was used to acquire the Healthcare Resort of Wichita, a 94-bed facility located 12 miles from downtown Wichita, Kansas.