234234

Southeast Houston Multifamily Recapitalization

$40,000,000

Houston, TX


  • Loan Type: Recapitalization
  • Property: Garden-style multifamily complex consisting of 856 housing units.
  • Scenario: Proceeds from Trevian's loan were used to pay off existing debt, fund the completion of interior renovations, and return equity to the sponsor.
  • Result: Trevian provides recapitalization financing for partial cash outs and provides sponsors with additional time to season operations at a lower cost of capital.