Arizona Multifamily Acquisition and Renovation Financing
$17,500,000
Scottsdale, AZ
- Loan Type: Recapitalization Financing
- Property: 131-unit garden-style apartment complex in Scottsdale, AZ.
- Scenario: Trevian provided time-of-the-essence acquisition financing for a year-end closing and funded a capex reserve for the sponsors to execute their value-add business plan.
- Result: Trevian provides speed and certainty of execution for opportunistic investors who need to close on tight and inflexible timeframes.