RJED–Akron deal
We’ve just closed the RJED–Akron deal for $1,038,000.00.
This conventional loan supported the acquisition of Brownstone Apartments, a 21-unit multifamily property in Akron, Ohio.
This deal represents another example of Avana CUSO’s commitment to providing flexible financing options for commercial real estate acquisitions.
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.
