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142-room Inn located in Reading

On July 31, 2026, AVANA Companies successfully closed a $13,065,000 refinance deal for a 142-room Inn in Reading, PA. The Inn, located in the heart of Reading’s bustling downtown area, offers comfortable and convenient accommodations for business travelers and tourists alike.

Loan Details

LocationReading, PA
Loan Amount$13,065,000
Loan PurposeRefinance
Loan TypeHotel
Project DateJuly 31, 2025

About AVANA CUSO

Established in 1998, AVANA CUSO is one of the most seasoned credit union service organizations (CUSO) with a focus on commercial real estate lending. Driving excellence through end-to-end customer service and our investments in technology, AVANA CUSO supports credit unions, including connecting them with commercial real estate entrepreneurs, brokers, and small business owners through participation lending.

Our mission is to help credit unions diversify their lending portfolios by expanding their lending programs beyond local communities, mitigating concentration risk while enhancing loan-to-share ratios.

Part of the AVANA Family of Companies, AVANA CUSO strives to improve communities by funding socially responsible projects that boost economic growth and foster job creation. AVANA CUSO is headquartered in Glendale, Arizona.

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Insights
Press
Closed Deals

About us

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

Who We Serve

Credit Unions
CRE Entrepreneurs
Brokers

What We Do

Loan Originations
Credit Administration
Loan Servicing
Loan Participation
Portfolio Management

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