Avatar loans $5.8M for out-of-town quartet

News/04/18/2022

Local shop Avatar Financial Group announced its recent provision of bridge loans totaling $5.8 million for four out-of-town properties. The beneficiaries were two industrial buildings in Marietta, Georgia; a Days Inn by Wyndham hotel in Clinton, North Carolina; and the buyer of an industrial property near Chicago. Avatar’s T.R. Hazelrigg IV said in a statement, “Avatar provides responsive bridge funding to allow sponsors the ability to meet their obligations and close deals. Our direct lending capabilities enable investors to seize opportunities that otherwise may be out of reach.” The firm has over $100 million in funds to make hard-money bridge loans, in amounts generally ranging from $1 million to $35 million.

As Covered in Daily Journal of Commerce

MORE NEWS

Avatar Commercial Mortgage Lending Competitive Capabilities

Avatar Commercial Mortgage Lending Competitive Capabilities

news

Avatar loans $5.8M for out-of-town quartet

20220324-lenders

US Hotel Active Lenders: CBRE Brokers…

Clear Height Properties, Blackbird Investment Group Sell 56,500 SF Industrial Building in Suburban Chicago

Clear Height Properties, Blackbird Investment Group…

video play image2

Verivest discusses Avatar’s REIT investment strategy…

Avatar Cityview Plano

Plano office park lands $30 million…

Understanding Investment Risk: Where Are You…

Invest

How to Invest in CRE Via…

eb06d5af_HazelriggZevenbergenHero

Finding a Place at the Investment…

new

Buyers Circle Adaptable Properties as Industrial…

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