Brief
Avatar Lends on Vacant Industrial Campus in Hawthorne’s “Space Corridor”
Avatar Financial Group LLC has provided a $16.1-million bridge loan secured by The Yukon, a three-building industrial campus totaling 52,074 square feet and located at 13100-13130 Yukon Ave. in Hawtho
Avatar Financial Group LLC has provided a $16.1-million bridge loan secured by The Yukon, a three-building industrial campus totaling 52,074 square feet and located at 13100-13130 Yukon Ave. in Hawthorne. The two-year loan carries a 62% loan-to-value and financed the sponsor’s acquisition of the property through a bankruptcy sale. It also provided capital to improve the...
Source
- Connect CREconnectcre.com
