Baltimore HUD Multifamily Portfolio Recapitalization
$12,100,000
Baltimore, MD
- Loan Type: Recapitalization Financing
- Property: Two mid-rise multifamily properties comprised of 219 HUD Section 8 age-restricted units.
- Scenario: Trevian's loan allowed the sponsors to buy out an equity partner who was demanding the liquidation of the portfolio.
- Result: Trevian provides cash-out refis on low-leveraged assets to give sponsors access to liquidity.