Avatar Funds Hotel Development Project in Niagara Falls, New York

News/06/01/2021

Niagara Falls, NY Avatar Financial Group provided financing to fund a complete refurbishment and repositioning of a 58-room hotel. The $4.7 million loan will allow the sponsor to finish the project just in time for the kickoff of the tourist season.

“Avatar identified this hotel redevelopment project as an opportunity that aligns with our investment thesis,” said Jerry Zevenbergen CEO and co-founder of Avatar Financial Group. “Our funding provided the necessary capital to allow the project to move forward towards completion, despite the challenges the industry and market faced during the health pandemic in 2020.”

Read Full Article Here

MORE NEWS

podcast2.JPG

Podcast: Jerry Zevenbergen (CEO) & TR…

Bridge Lender Starts Fund, Adds Staff_.JPG

Bridge Lender Starts Fund, Adds Staff

wispy-cloud-sunset-over-puget-sound-near-seattle-LWJQUNE

Puget Sound Daily Journal of Commerce…

07222021_Lake-Chelan_171147-2040x1269

Vacation hot spot Chelan County limits…

Nonbank Lenders Are Dominating the Mortgage Market

Nonbank Lenders Are Dominating the Mortgage…

86E446D3

A look at nonbank loans and…

Avatar Financial Group funds $4.7 million loan for Niagara Falls hotel development project

Avatar Financial Group funds $4.7 million…

Market Dislocation: COVID-19 Impacts on CRE Lending

Market Dislocation: COVID-19 Impacts on CRE…

dmd

Despite Market Disruption, Abundant Capital Options…

jerry

Avatar Financial Launches New Commercial Mortgage…

CONTACT US

Let's Talk

AVATAR FINANCIAL GROUP

1200 Westlake Avenue N, #1006
Seattle, WA 98109

Office: 206.728.5900
Toll-Free: 1.888.886.0097

For information about loan programs or loan
requests, email us at:
[email protected]

Avatar Financial Group Logo

STAY CONNECTED

Subscribe to our newsletter for company updates & industry news:

mba_member_logo_150
BBB-ab-seal-horizontal-black-largenEW
verivest-verified-gold-small

Copyright 2021 Avatar Financial Group © All Rights Reserved. Privacy | Terms of Service | Disclaimer