Let’s work together to find a solution
Rely on AVANA Capital to help preserve your wealth and create growth for your business.
80-Room Hotel in Jacksonville
Jacksonville, Florida
On July 9, 2024, AVANA Companies successfully closed a $7,000,000 loan, marking another milestone in its commitment to supporting businesses with tailored financial solutions. The borrower plans to use the funds to refinance two existing loans that were originally secured for the acquisition of a hotel in Jacksonville, Florida.
This refinancing not only streamlines their financial obligations but also positions the borrower for improved cash flow management, ensuring the continued success of their hotel operations in the competitive Jacksonville market.
Location
Refinance - $7,000,000
80-Room Hotel in Jacksonville
Jacksonville, FL
Loan Details
| Loan Amount | $7,000,000 |
| Loan Purpose | Refinance |
| Loan Type | Hotel |
| Project Date | July 9, 2024 |
More Details
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™.