BRADENTON MULTIFAMILY ACQUISITION AND RENOVATION FINANCING
$1,950,000
Bradenton, FL
- Loan Type: Acquisition Financing
- Property: Multifamily complex comprised of 46 garden-style apartment units.
- Scenario: Trevian’s loan was used to finance the time-sensitive acquisition and renovation of the property following a Fannie Mae kick-out.
- Result: Trevian lends on value-add multifamily properties that need to be renovated and stabilized before they can be refinanced with Agency, HUD, local bank, or CMBS financing. Trevian works in tandem with Fannie/Freddie providers to facilitate the Agency or HUD exit when applicable.
