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Brooklyn Condominium Construction Completion and Inventory Loan

$10,950,000

Brooklyn, NY


  • 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.