Danbury Apartments

AVANA Capital recently closed a $3.24M cash-out refinance loan on a multi-family properties in Grand Rapids, Michigan.z

Originally built in 1967, this 66 unit property has had several recent tenant upgrades and property improvements.  Recent community improvement has made this an attractive and desirable area within the city.  Providing value add to the lending process, AVANA Capital was able to quickly support the Investors goals.

Loan Details

Loan Amount
Loan Type
Conventional CRE
Loan Purpose
Cash-Out Refinance
Project Date
ESG Rating