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An investment firm and AVANA Companies recently signed a contract to refinance loan on an industrial warehouse building in Texas.
AVANA Companies will fund $12,2867,04 to refinance the mentioned property loan. The warehouse built on an 74,000 square feet area and located in in Forest Hill, TX, a suburb of Fort Worth. It consists of a multi-tenant industrial building built in 1985. The property has 72,520 square feet of warehouse space and 1,480 square feet of office space.
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 | $12,286,704 |
| Loan Purpose | Cash-Out Refinance |
| Loan Type | Industrial |
| Project Date | January 29, 2022 |