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On November 27, 2024, AVANA Companies successfully finalized a $1,240,000 loan to support the acquisition of a 6-unit multi-family property located in the highly sought-after area of Culver City, CA. This property represents a valuable opportunity for strategic real estate growth in a thriving market known for its strong rental demand and attractive location. The completion of this transaction underscores AVANA’s ongoing dedication to empowering investors and businesses with tailored financial solutions, ensuring they can seize opportunities that drive long-term success and community development.
| Loan Amount | $1,240,000 |
| Loan Purpose | Acquisition |
| Loan Type | Multi-Family |
| Project Date | November 27, 2024 |
About AVANA Companies:
AVANA Companies (AVANA), founded in 2002, is an asset management platform aimed at building capital for a better tomorrow by stimulating economic growth, creating jobs, and contributing to sustainable projects. Headquartered in Arizona, USA with regional offices in Bahrain and Saudi Arabia, AVANA serves small businesses, entrepreneurs, institutional and retail investors, and credit unions in these markets. AVANA provides private credit commercial real estate loans through AVANA Capital, AVANA CUSO, Ezdaher.sa and LendThrive™. AVANA also offers private credit commercial investment opportunities to institutional and individual investors through AVANA Fund and EqualSeat™.