Avatar Financial Group Facilitates $20M Loan for Four Industrial Buildings in Phoenix, AZ:
Avatar Financial Group recently closed a significant deal, providing a $20 million loan for the acquisition of four industrial buildings located in Phoenix, Arizona. The loan features a combined Loan-to-Value (LTV) of 39%, showcasing a tailored financing solution for this commercial property investment. With an interest rate of 13.05% and a term of 6 months, this funding illustrates Avatar Financial Group’s ability to support commercial real estate ventures in the dynamic Phoenix market.
- Property Type : Hotel
- Loan Type : Hard Money Loan
- State : Louisiana
- City : Houma
- Funded Amount : $3,430,000