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An investment firm and AVANA Companies recently signed a contract to purchase an office building located in Cleveland, Ohio. AVANA Companies will fund $1,280,000 to acquire the property.
The property is a 4-story urban office building totaling 25,696 square feet and an adjacent parking lot that includes 75 parking spaces. The property was constructed of concrete and masonry in 1923 and it is located on a 0.61 acre commercially zoned site.
AVANA helps fund projects for property acquisition, refinancing, or construction. With extensive experience in owner-occupied real estate, our team understands the importance of aligning financial terms with your business strategy to ensure timely results and execution.
| Loan Amount | $1,280,000 |
| Loan Purpose | Acquisition |
| Loan Type | Office |
| Project Date | March 12, 2022 |
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