Avana Companies are pleased to announce the closing of $1,584,096 refinance loan. The investor requested the amount to refinance a loan on an office building located in Ann Arbor, MI.

The investor has owned the property since 2015 and was seeking a loan with a lower interest rate and monthly payments. The property is a low-rise office building built on an 11,000 square feet area and it is currently 100% by a single tenant.

Loan Details

LocationAnn Arbor, MI
Loan Amount$1,584,096
Loan TypeOffice
Loan PurposeCash-Out Refinance
Project Date10/29/2021
Webinar: Loan Delinquency - May 20th, 2025 – 10:00 AM PT
This is default text for notification bar