UPPER WEST SIDE CONDO ACQUISITION FINANCING
New York, NY
- Loan Type:
- Property: Luxury duplex condominium unit totaling 3,417 square feet.
- Scenario: The sponsor, a foreign national, was unexpectedly unable to onshore sufficient funds to close and was at risk of losing an approximately $950,000 earnest money deposit until Trevian provided a debt solution.
- Result: Trevian lends to foreign nationals who are often unable to qualify for conventional debt and can close quickly to meet the needs of a time-sensitive transaction.