Baltimore Acquisition and Renovation Financing
$14,300,000
Baltimore, MD
- Loan Type: Renovation Financing
- Property: 106,000-square foot, 1,346-unit self-storage facility in Baltimore.
- Scenario: Trevian’s loan financed the acquisition and funded a capex reserve for the sponsors to execute their value-add business plan.
- Result: Trevian provides bridge loans nationwide on transitional real estate in need of renovation and repositioning before being conventionally refinanced or sold.