Avatar Financial Group LLC provided a 2.5-year, $6.4M loan for the acquisition of the Bodega Coast Inn and Suites, located in Bodega Bay, CA. The boutique hotel spans 7 buildings housing 44 guestrooms and 2,100 sf of event space. The sponsor plans to fully renovate the limited-service hotel, located the coveted Sonoma Coast's Bodega Harbor.
Avatar Financial Group
商业地产
Seattle，WA 391 位关注者
Flexible Solutions for Income-Producing Real Estate Nationwide.
关于我们
Avatar Financial Group is a leading lender in hard money bridge loans, offering flexible solutions for nonconforming, income-producing real estate nationwide. Responsive Service. Quick Closings. Direct Bridge Lender. Avatar Financial Group is a leading lender in commercial hard money bridge loans, offering solutions for nonconforming, income-producing real estate nationwide. While the current market has created a lack of credit availability for real estate investors and small business owners, Avatar Financial Group is positioned to meet the market needs and expand its portfolio of loans in the $1 million to $35+ million range without the regulatory constraints that large banks and institutional lenders are now facing. * Direct Lender - We Are Not Brokers * Loans Between $1 Million and $35+ Million * Nationwide * Commercial, Industrial, Multifamily, Retail, and Hotels * No Vacant Land or Single-Family * Brokers Protected
- 网站
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https://www.avatarfinancial.com
Avatar Financial Group的外部链接
- 所属行业
- 商业地产
- 规模
- 2-10 人
- 总部
- Seattle，WA
- 类型
- 私人持股
- 创立
- 2003
- 领域
- Commercial Mortgage Lender
地点
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主要
获取路线
1200 Westlake Avenue North
Suite 1006
US，WA，Seattle，98109
Avatar Financial Group员工
动态
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We're thrilled to announce that our President & Co-Founder, T.R. Hazelrigg IV, will be speaking on the "Buying, Selling and Everything in Between" panel at?Connect Distressed Investment & Finance tomorrow. ? If you're attending, reach out to T.R. to schedule a meeting. If not, there's still time to register! Use the code?Avatar20?at checkout for?20% off your registration. Hear from T.R. firsthand and connect with other leading industry experts at this afternoon event of panel discussions and networking, followed by a closing cocktail reception. ? We look forward to seeing you at?Connect Distressed Investment & Finance at the Luxe Sunset Blvd Hotel in Los Angeles, CA on the afternoon of Tuesday, October 22!
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We’re excited to share that our President & Co-Founder, TR Hazelrigg IV, will be speaking at iGlobal Forum’s Private Equity Summit: West.? Don’t miss the chance to hear insights from T.R. and other capital markets and investment leaders at this premier networking and education event.? We have a limited number of complimentary guest passes available on a first-come, first-served basis—reach out today to secure yours! Plus, schedule a meeting with T.R. to find out about Avatar’s products and services, and how the firm can help you accomplish your business goals. Simply click the button below to drop a line. We look forward to seeing you!
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We're pleased to announce that our President & Co-Founder, TR Hazelrigg IV, will be attending the 2024 Western States CRE Finance Conference in Las Vegas next week. If you'll be there, reach out to TR to set up a meeting! #WSCREF24 #CREFinance #CREEvent #2024CREFConference #CRE #CommercialRealEstate
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Could we see rates cuts by the end of the summer? Inflation in the U.S. eased substantially in June, extending a recent slowdown in price increases that opens a path for the Federal Reserve to cut rates by the end of the summer. In addition, the consumer-price index, a measure of goods and services costs across the economy, fell slightly from May, dropping the year-over-year inflation rate to 3%, which was the lowest since June 2023. https://hubs.la/Q02Gh-670
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Our expansion plans continue as we welcome George Warf and Alex Cruz to our growing team. As Directors of Origination, the pair will be working out of our LA office and will be focused on origination and underwriting of commercial real estate loans from coast to coast, new business development, and expanding Avatar’s bridge lending platform.
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It’s official. Nvidia, the AI poster child of Wall Street, is now the most valuable company in the world, taking the crown from Microsoft. Nvidia’s market cap was $3.34 trillion, while Microsoft’s was $3.32 trillion and Apple Inc.’s AAPL was next, at $3.29 trillion. It’s official. https://hubs.la/Q02CmN3S0
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Avatar provided $12.43M for two high-end single-family homes currently under construction in Southampton, NY. The 18-month bridge loan, which has a loan-to-sellout value of 62%, retires an existing construction loan and will cover 100% of the remaining costs to finish the development and sell the luxury properties.
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In a finger’s crossed moment, Wednesday could be the day. At least when it comes to positive economic news from the Fed. Investors will hear about the path of inflation and the manner in which the Federal Reserve plans to react. In a one-two punch that starts in the morning with the pivotal consumer price index reading for May and ends with the Fed’s policy meeting in the afternoon, vital signals will be sent about the direction of the economy and whether policymakers can soon take their foot off the brake. https://hubs.la/Q02BsB5m0
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