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Detroit Multifamily Acquisition Financing

$1,700,000

Ecorse, MI


  • Loan Type: Acquisition Financing
  • Property: Multifamily complex comprised of two garden-style apartment complexes totaling 72 units.
  • Scenario: Trevian's loan was used to finance a time-of-the-essence acquisition following a failed agency execution.
  • Result: Trevian lends on time-sensitive transactions that need surety of closing. The sponsor needed more time to find an acceptable co-guarantor and secure agency financing.