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Avana Companies are pleased to announce the closing of $10,125,000 loan project. The investor was looking for additional funds to complete the acquisition of an office property in Dearborn, MI.
The property was built on 175,259 square feet containing single-tenant offices in the Dearborn area and it is 100% occupied between two tenants. It was acquired by the investor at an attractive market based rate.
AVANA Companies are always committed to provide financing solutions for small to medium-sized developers and investors.
| Loan Amount | $10,125,000 |
| Loan Purpose | Acquisition |
| Loan Type | Office |
| Project Date | September 2, 2021 |