ARIZONA MULTIFAMILY RECAPITALIZATION, CASH-OUT, AND CONSTRUCTION-COMPLETION FINANCING
- Loan Type:
- Property: 55% complete, 141-unit, Class A, 'casita style' apartment community.
- Scenario: Trevian's loan enabled the sponsor to recapitalize their construction loan, lower their cost of capital, recapture equity to put into other development projects, and bridge through completion and stabilization.
- Result: Trevian provides creatively structured, time-of-the-essence recapitalizations for mid-construction projects, including providing cash out to sponsors.