AVANA Capital is focused on both stimulating the U.S. economy through job creation as well as developing clean energy sources across the country. Through projects like these, AVANA Capital promotes and supports the use of renewable energy solutions, expanding the impact of clean energy in the lives of American citizens.
AVANA Capital is focused on both stimulating the U.S. economy through job creation as well as developing clean energy sources across the country. Through projects like these, AVANA Capital promotes and supports the use of renewable energy solutions, expanding the impact of clean energy in the lives of American citizens.
SolRiver planned to develop a solar farm to provide Portland General Electric Company with electric power for their customers in Oregon, and needed a financing partner through which they could secure funding to both purchase the land and build the project.
Generate Capital required an experienced financing partner in a very specialized field. Currently, not many lenders understand the complexities related to financing energy efficiency projects and, thus, finding a qualified financing partner, like AVANA Capital, was critical to the success of the project.
This project was important to Keystone, as well as the City of Freeport, Illinois. The municipality planned to use this project to power its wastewater treatment plant, lowering the overall electricity costs for the city.
Convergent Energy acquired two solar projects (1.35 MW and 1.15 MW) in Maryland. At the time of acquisition, the EPC contract was already completed, and construction had already started through a construction loan from another bank.
Between 2011 and 2013, KBS Hotel Group took multiple loans from a variety of sources to complete construction and stabilize the property. With the deadlines looming, KBS Hotel group was seeking to refinance its original construction loan, consolidate personal debt and obtain cash out. They needed a lender with the vision to see the property’s future potential and act fast.
842 Enterprises needed a lender that not only believed in the family’s vision, but also understood the nuances of modular construction and its benefits.
AVANA Capital is funding a new hotel construction project in Marina, California that will add permanent and construction jobs to the local economy and provide more options for business and leisure travelers — while fulfilling part of the American dream.
Hotel construction loans can be extremely lucrative, but their profitability comes with substantial risk. These projects, which can take up to 24 months to complete, have many variables and moving parts. Lenders need to be meticulous in researching the project and involved in the process from start to finish.