146-room Hotel Deal

Avana Companies closed a $16MM loan on August 5, 2022.  Financing was provided to refinance a 146-room hotel in Aurora, IL.

The subject property was built in 2004.  It includes 146 rooms, a breakfast/dining area, an indoor pool, an indoor whirlpool, a fitness room, an outdoor sport court, a business center, a market pantry, a guest laundry room, and an outdoor patio and barbecue area.

Our expert lenders know hospitality financing.  Reach out today for help; we’ll be at your side every step of the way!

 

Loan Details

Loan Amount
16,000,000
Loan Type
Hotel
Loan Purpose
Refinance
Project Date
08/05/2022
ESG Rating
3