nueve3

Class A Phoenix Multifamily Recapitalization

$23,000,000

Phoenix, AZ


  • Loan Type: Recapitalization
  • Property: A 138-unit, newly constructed, Class A multifamily complex.
  • Scenario: Trevian's loan provided a lower cost of capital, a partial return of equity to investors, and a replenishment of the interest reserve.
  • Result: Trevian can lower the sponsor’s cost of capital during construction-completion and/or lease-up, and will provide cash out to return equity to investors and replenish reserves as needed.