Phoenix Multifamily Portfolio Refinance Out of Bankruptcy
$13,650,000
Phoenix, AZ
- Loan Type: Recapitalization Financing
- Property: Two multifamily complexes comprised of 788 garden-style apartment units.
- Scenario: Trevian's loan allowed the sponsor to exit bankruptcy on their over-leveraged asset by pulling equity out of the other, lower-leveraged asset.
- Result: Trevian can help sponsors navigate an exit from bankruptcy and negotiate discounted payoffs from their existing lenders.
