East 87th Street Condo Cash-Out Refinance
- Loan Type: Recapitalization Financing
- Property: Two penthouse condominium units totaling 6,812 square feet.
- Scenario: Trevian's loan was used to return equity to the sponsor, a foreign national living abroad, who owned the property on an “all-cash” basis.
- Result: Trevian lends to foreign nationals who are often unable to qualify for conventional debt.