Brooklyn Condominium Construction Completion and Inventory Loan
- Loan Type: Recapitalization
- Property: A 13-unit residential condominium property consisting of 13,166 net square feet and 11 parking spaces.
- Scenario: Trevian's loan was used to recapitalize the partnership, complete construction, and market and sell the condo units.
- Result: Trevian provides financing to help sponsors recapitalize partnerships. Trevian provides cash-out loans to buy out partners on failed partnerships.