$3.5M Commercial Industrial Refinance – Scottsdale, AZ

We are pleased to announce the closing andfunding of a $3,500,000 commercial industrial refinance for Waypoint Partners LLC, secured by a commercial industrial property at 16679 N 90th Street,Scottsdale, AZ 85260.

Copper State Credit Union funded this transaction through the AVANA CUSO network — a credit union partnership that worked to deliver a successful close for the borrower.

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A Credit Union Partnership That Held

Copper State Credit Union brought the commitment this transaction required, staying aligned with AVANA CUSO through the full closing process. When a CDC/SBA partial reconveyance requirement emerged, both teams coordinated to satisfy the condition without disrupting the borrower relationship or the funding timeline.

Resolving a CDC/SBA partial reconveyance requires precise coordination between the lender, the SBA, and title — each party working from the same information at the right time. The team executed that coordination and moved the transaction forward.

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What This Closing Required

• ‍‍CDC/SBA partial reconveyance condition identified and resolved through coordinated lender, SBA, and title communication
• Borrower engagement maintained throughout, with clear communication at each stage of the process
• Funding executed on close date, with wire coordination completed in full alignment with title

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A Milestone for the AVANA Operations Center

This transaction holds additional significance for the AVANA CUSO team. Waypoint Partners marks the first loan processed end-to-end through AVANA's Operations Center — a structured workflow built to support consistent, scalable loan execution across the CUSO network.

The fact that this milestone was achieved on a transaction with a technical reconveyance condition speaks to how the Operations Center was designed: not just to handle straightforward closings, but to support the team through the ones that require more.

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What This Deal Demonstrates

Copper State Credit Union and AVANA CUSO came into this transaction as partners and closed it the same way. The credit union brought institutional flexibility and a willingness to work through the condition alongside the team. AVANA CUSO provided the operational infrastructure — documentation management, SBA coordination, and funding execution — that kept the process on course.

That combination is what the AVANA CUSO model is built to deliver — for this deal, and every one that follows.

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ABOUT AVANA COMPANIES

A Member of the AVANA Companies Family

AVANA Companies is an experienced commercial real estate lender focused on hospitality, industrial, medical office, multifamily, and owner-occupied properties. With 25 years in CRE lending and more than $6.7 billion in closed loans, AVANA provides brokers and borrowers with dependable capital and experienced execution across all 50 states.

Loan programs include SBA 504, bridge, construction, and conventional term financing.

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