AVANA Companies is eyeing 150 of the biggest metropolitan statistical areas after forming a joint venture with Oaktree Private Credit to provide $250 million in loans
The idea of the partnership is for the Arizona-based company to use the funds to provide debt financing across the nation in the next three years.
AVANA CEO and co-founder Sundip Patel told GlobeSt. that while it is targeting 150 of the largest MSAs over the next few years, there aren't any particular regions of focus. The real estate lender will follow its clients.
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