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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

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AVANA CUSO is one of the most seasoned credit union service organizations (CUSO) focused on commercial real estate. Established in 1998.

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