Columbus Multifamily Acquisition and Renovation Financing
$3,125,000
Columbus, OH
- Loan Type: Acquisition Financing
- Property: Multifamily complex comprised of 196 garden-style apartment units.
- Scenario: Trevian's loan was used to finance the time-sensitive acquisition of the property and provide funds for renovations.
- Result: Trevian lends on value-add multifamily properties that need to be renovated and stabilized before they can be refinanced with Agency, HUD, local bank, or CMBS financing. Trevian works in tandem with Seller-Servicers to facilitate the Agency or HUD exit when applicable.
