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Avana Companies closed a $16MM loan on August 5, 2022. Financing was provided to refinance a 146-room hotel in Aurora, IL.
The subject property was built in 2004. It includes 146 rooms, a breakfast/dining area, an indoor pool, an indoor whirlpool, a fitness room, an outdoor sport court, a business center, a market pantry, a guest laundry room, and an outdoor patio and barbecue area.
Our expert lenders know hospitality financing. Reach out today for help; we’ll be at your side every step of the way!
| Loan Amount | $16,000,000 |
| Loan Purpose | Refinance |
| Loan Type | Hotel |
| Project Date | August 5, 2022 |
At AVANA Capital, we are dedicated to supporting local economies through loans to entrepreneurs who create jobs, bolster communities, and contribute to the social good. By believing in the people we work with, we empower our clients with capital to finance their own growth. Our team is committed to serving clients with integrity, flexibility and transparency.