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» $1 Million Office Building, Hartford, CT

Posted by Loan Closed

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With the property's existing financing due, the borrower asked Avatar to assist with an immediate refinancing of the property to provide a reasonable time frame to obtain conventional financing. Avatar was able to provide the capital needed, in a time frame that met everyone's needs. 

Avatar's commercial loan program provides up to 70% LTV with interest only payments, no prepayment penalties and can close within 10 to 15 business days. 

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  • Loan Amount: $1,000,000
  • Interest rate: 8.99%
  • Term: 12 months
  • LTV: 45%



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