We invest in commercial debt in niche markets
AVANA Fund’s investment strategy focuses on commercial debt investments in niche markets underserved by traditional lenders.
Over the last two decades we have developed deep expertise in analyzing, underwriting, and structuring debt transactions. We have also developed a proprietary network of clients and referral partners which allows us to secure consistent nationwide deal flow.
We originate geographically-diverse debt investments secured by quality commercial real estate and renewable energy projects throughout the United States.
Since inception, our customized loan by loan approach has resulted in many repeat customers, leading to more than $1.5 Billion in investments across diversified loan products and locations throughout the United States.
Our Financing Parameters
Hospitality, Senior Housing, Self-Storage, Clean Energy, as well as Owner-Occupied Office, Industrial, and Warehouse
$2,000,000 to $50,000,000
Construction, Bridge, Acquisition, Refinance, Clean Energy, Modular Construction, C-PACE
Conventional/Construction: 70%, SBA 504: Up to 90%, Bridge, Acquisition, and Refinance: Up to 75%
1st Lien Deed of Trust
6.50% - 9.00%
I/O or Monthly P&I, depending on program
Conventional and SBA: 1.5% - 2.5%
Due Diligence Deposit
Upon acceptance of term sheet, borrower to remit a deposit for all third-party reports, legal, and documentation expenses (these can vary depending on the loan request)
TBD - Typically varies by term
12 - 60 months
Recourse required unless mitigated by low leverage, subject to credit approval
30 - 60 days