Southeast Houston Multifamily Recapitalization
- 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.