- Loan Amount: $1,600,000
- Broker's Commission: $24,000
- LTV: 48%
- Interest Rate: 10% charged to borrower
- Term: 6 months
Description
Avatar provided a $1.6 million commercial bridge loan for three gas stations and convenience stores in Chugiak, Sterling, & Trapper Creek, Alaska. The loan proceeds were used to acquire fuel inventory needed for supply contracts during the winter season.
- Loan Type: Commercial Bridge
- Loan Amount Range: $1M - $4.99M
This style property is located in Anchorage is currently and has been listed on Avatar Financial Group. This property is listed at . It has bedrooms, bathrooms, and is . The property was built in year.