Williams Village is a 9.66-acre redevelopment project located near the University of Colorado Boulder campus. The site, currently housing a 420,928-s.f. aging retail center with ground-leased tenants, is being transformed into a vibrant mixed-use district featuring student and multifamily housing, along with retail and green spaces. The borrower required… Read…
Deal of the Week: Williams Village in Boulder, Colorado
Avatar makes Manhattan Beach loan
Local shop Avatar Financial Group continues to make loans up and down the West Coast. It recently shared a $9.5 million example down in the beachside community of Manhattan Beach, California. The bridge loan carries a nine-month term, a nearly 11% initial interest rate and a 62% loan-to-value… Read Article
Avatar loans $10M for California project
Based here in Seattle, Avatar Financial Group provides or arranges financing all around the county. It recently announced the provision of a $10.1 million bridge loan in La Jolla, California. The borrower refinanced old debt for a luxury home now under construction. The new financing carries a two-year term… Read…
Avatar provides $7 million financing for 3 medical office buildings
Avatar Financial Group LLC ("Avatar"), a leading Seattle-based national bridge lender specializing in commercial real estate, has closed on a $7 million bridge loan secured by a portfolio of three medical office buildings operated by North Country HealthCare, a nonprofit healthcare provider serving medically underserved communities… Read Article
Avatar Closes Bridge Loan on Ripon Industrial, Rocklin Parcel
Avatar Financial Group LLC has closed on a $7.4-million bridge loan secured by a multi-parcel industrial asset in Ripon and a residential development site in Rocklin, outside Sacramento. The financing, structured with a two-year term, 43% combined LTV and initial interest rate of 11.50%, offers the borrower a strategic solution to…
Bridge loan for Texas asset
Choice, Bridge partner on loan platform. Choice Hotels International is partnering with Charlotte-based Bridge to help provide new and existing Choice hotel owners access to affordable financing solutions. Choice franchisees will be able to submit a request for a commercial loan on the Bridge platform. Qualified borrowers will then have the…
Avatar Provides Financing for Oregon Service Station
Avatar Financial Group, a Seattle-based national bridge lender specializing in commercial real estate, has closed on a $6.5-million bridge loan secured by a Union 76 Travel Stop in Talent, Oregon. The financing went toward the $11-million purchase of the newly completed property… Read Article
Mixed-Use Boulder Project Lands Financing
The Williams Village II redevelopment will feature about 600 units, including homes for students at the University of Colorado at Boulder. The developers of a 10-acre, mixed-use redevelopment project that would bring some 600 units of housing to Boulder, Colo., including student housing, have received a $56 million loan from…
Avatar provides $14M in holiday swag
Based here in Seattle, Avatar Financial Group makes loans all around the region, and all around the county as well. The firm recently announced $14 million in bridge funding to the unnamed owner of a small retail portfolio. Those properties include a Dollar Tree in Milwaukee; a CVS in Montevallo, Alabama; and three Rite Aid stores in Hellertown,…
Avatar Financial Group Provides $14M for Multi-State Retail Portfolio
Avatar Financial Group, a Seattle-based national bridge lender specializing in commercial real estate, has closed on a $14-million bridge loan to refinance a portfolio of five retail assets spanning three states. Totaling 65,491 square feet, the properties are all under long-term, triple-net leases with established tenants and strong operational performance. The…
