Multifamily 226-Unit Property
St. Louis, Missouri
AVANA Companies, a family of ESG lending and investment platforms, recently closed a $4,074,000 refinance loan with a significant client. The loan will be used to refinance a 226-unit multifamily property located in St. Louis, MO.
The property was purchased in 2007 by the borrower and was renovated extensively in 2012 and 2013.
Delmar Boulevard District is a major east-west street in St. Louis, Missouri. Delmar Boulevard starts at North 14th Street in Downtown St. Louis, as a westward extension of Convention Plaza. It passes through the neighborhoods of Downtown West and Midtown on its easternmost portions.