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AVANA Companies is pleased to announce the successful closing of a refinance loan amounting to $10,400,000. This significant funding was secured to refinance an existing loan on a multi-tenant office building located in the thriving community of Westlake Village, CA.
The property spans an impressive 66,017 square feet and serves as a hub for multiple businesses, offering a dynamic and professional environment. This refinance will support the investor’s efforts to optimize the property’s financial structure while continuing to provide a high-quality space for tenants.
| Loan Amount | $10,400,000 |
| Loan Purpose | Refinance |
| Loan Type | Office |
| Project Date | March 5, 2024 |
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™.