$3.43MM Inn and Suites Hard Money Loan

Avatar Financial Group Funds $3.43M Loan for Quality Inn and Suites in Houma, LA:
Avatar Financial Group recently approved and funded a $3.43 million loan for the Quality Inn and Suites located in Houma, Louisiana. The loan, with a Loan-to-Value (LTV) ratio of 65%, features an interest rate of 12.24% and has a one-year term. This financial support underscores Avatar Financial Group’s commitment to facilitating investment in the hospitality sector and reflects their expertise in providing tailored lending solutions for commercial properties in Houma, LA.