23500000

ARIZONA MULTIFAMILY RECAPITALIZATION, CASH-OUT, AND CONSTRUCTION-COMPLETION FINANCING

$23,500,000

Phoenix, AZ

  • 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.