Recent Deals
» Recent Closings from Avatar Financial
Avatar is a unique type of hard money lending company. We are institutionally funded and have full control over all the deals we approve. This means that there are no investors to convince, no time delays due to insufficient funding and no project too large. Avatar controls more than $100 million in funds with which to make hard money loans, meaning that if your project qualifies for a loan through Avatar, you can receive funding in days.
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$5,000,000 Blanket Hard Money Loan Covers Three Hotels
Closed on 7/26/2005
Three hotels - Comfort Inn, Executive Inn, and Budget Inn - located in CT and NY
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$3,500,000 Avatar Loan Gives Tremonti Family Limited Partnership A New Start
Closed on 4/14/2005
Industrial building / manufacturing and printing company in Toledo, OH
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Avatar Funds SeaTac Retail Space
Closed on 4/4/2005
Avatar Financial Group is pleased to announce the funding of an ofice building in Tukwila, WA. The building houses an office products retailer, Curves - an exercise salon, and other tenants. Located in Tukwila, near the Seatac airport, the building and property are enjoying solid activity and increasing real estate values which are being realized throughout the area.
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Faith Worship Center, Columbus, GA Buys a New Church
Closed on 3/14/2005
Blanket loan on existing and newly purchased church makes it possible to Faith Worship Center to purchase the building before higher bidders wrested an excellent deal from them.
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Houston, TX Community Center
Closed on 12/5/2004
Avatar Financial Group Helps Montgomery Church to Complete Community Center
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Hard Money Loan Saves Apartment Construction Project
Closed on 11/3/2004
Loan: $3,500,000, Project: 22-unit apartment building, LTV:64%
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$5.5 Million Service Station Acquisition
Closed on 6/10/2004
Acquisition of 10 Fuel Stations Funded by Avatar
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11 Gas Stations in the Mid-West get Funding from Avatar
Closed on 6/9/2004
11 Fast Fuel service stations/convenience stores provided the bulk of the collateral, while a junior lien on several other real estate parcels which are expected to be sold in the next two years gave additional backing.
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Avatar Funds $1.1million for a Borrower to Buy Back his Company
Closed on 6/6/2004
The loan was made against the borrower's secondary residence - a lakefront property in upstate New York valued at $1.7million. The beautiful home featured 3,776 sq ft on 4 acres with 405 ft of lakefront property and a fantastic view.
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Couple in Need of Financing for a Tower Condo in Vegas Turn to Avatar
Closed on 5/13/2004
The property is a 5,600 foot view condo on the 31st story of one of Las Vegas' luxury residential towers. Valued at $2.75mil, the grounds feature a swimming pool, several recreation areas and a restaurant.
