manhattan5

Upper East Side Multi-Family

$12,350,000

Manhattan, NY


  • Loan Type: Recapitalization Financing
  • Property: Mixed Use – 13 residential units and five medical offices
  • Scenario: The proceeds from the first mortgage loan were used to refinance a defaulted first mortgage. Trevian’s financing gave the sponsor, who recently inherited the property, time to assess whether to renovate/reposition or sell the property as-is.
  • Result: Trevian Capital closed the loan in three weeks