A Member of AVANA Companies Family
AVANA Companies, a family of ESG lending and investment platforms, recently closed a $ 13,741,129 loan to an investor based in California. The loan will be used to refinance a current one on a hotel property in Colton, CA. The hotel is a 4 stories building with total building size of 40,000 square feet built on an area of 3.11 acres.
The hotel opened in 2020 and was the newest in the area at that time. It is within a short drive from the Downtown Riverside and Glen Helen Regional Park.
Loan Amount:
$13,741,129
Location:
Colton, CA
Project Date:
September 9, 2021
Property Type:
Hotel
Loan Purpose:
Refinance
About AVANA CUSO
AVANA CUSO is an experienced credit union service organization focused on commercial real estate lending. Through end-to-end service and technology investment, we support credit unions by connecting them with commercial real estate entrepreneurs, brokers, and small business owners.
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