Brooklyn Heights Townhome Bridge to Sale Recapitalization
- Loan Type: Recapitalization
- Property: A 5,974 square foot, six bedroom luxury single family townhome.
- Scenario: Trevian's time-of-the-essence loan was used to retire the existing bank loan, fund reserves and provide the sponsor additional runway to property market and sell the property.
- Result: Trevian can move quickly to refinance maturing loans and provide sponsors with additional time to execute their business plans.