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AVANA Companies, a family of ESG lending and investment platforms, recently closed a $4,074,000 refinance loan with a significant client. The loan will be used to refinance a 226-unit multifamily property located in St. Louis, MO.
The property was purchased in 2007 by the borrower and was renovated extensively in 2012 and 2013.
Delmar Boulevard District is a major east-west street in St. Louis, Missouri. Delmar Boulevard starts at North 14th Street in Downtown St. Louis, as a westward extension of Convention Plaza. It passes through the neighborhoods of Downtown West and Midtown on its easternmost portions.
| Loan Amount | $4,074,000 |
| Loan Purpose | Refinance |
| Loan Type | Multi-Family |
| Project Date | December 31, 2021 |
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.