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On January 10, 2025, AVANA Companies successfully secured a $12.5 million deal to refinance and enhance a hotel property in College Park, GA, a bustling area known for its proximity to Hartsfield-Jackson Atlanta International Airport. This funding will go towards significant property upgrades, including modernizing facilities, improving guest amenities, and enhancing the overall aesthetic appeal to attract more travelers. The project reflects AVANA’s ongoing commitment to driving growth, fostering community development, and creating value in the hospitality sector, ensuring the property becomes a standout destination for visitors to the region.
| Loan Amount | $12,500,000 |
| Loan Purpose | Refinance |
| Loan Type | Hotel |
| Project Date | January 10, 2025 |
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™.