Phoenix Multifamily Portfolio
- Loan Type: Recapitalization Financing
- Property: Multifamily – two properties totaling 788 units
- Scenario: Trevian’s loan facilitated the borrower’s exit from bankruptcy by paying off an existing defaulted first mortgage.
- Result: On behalf of the Borrower, Trevian successfully negotiated a discount from the existing lender and structured a global settlement in the bankruptcy court that satisfied all creditors.