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Avana Companies closed a $1,200,000 rate & term refinance loan to an investor on a boutique hotel with 41 rooms located in Leadville, CO.
The hotel resides roughly 10 minutes from a local ski resort in Leadville, and it is within 10 miles of multiple mountains, ski areas, and resorts, making the hotel popular during the snow season. The investor is an experienced hotel operator and has owned and operated the property since 2004.
| Loan Amount | $1,200,000 |
| Loan Purpose | Rate & Term Refinance |
| Loan Type | Conventional CRE |
| Project Date | September 28, 2021 |
At AVANA Capital, we are dedicated to supporting local economies through loans to entrepreneurs who create jobs, bolster communities, and contribute to the social good. By believing in the people we work with, we empower our clients with capital to finance their own growth. Our team is committed to serving clients with integrity, flexibility and transparency.