Carroll Street Single Family Cash-Out Refinance
$5,300,000
Brooklyn, NY
- Loan Type: Recapitalization Financing
- Property: Luxury townhouse comprised of 7,636 square feet, eight bedrooms, and six bathrooms.
- Scenario: Trevian's loan was used to pay off existing debt, return equity to the sponsor, and provide for additional time to market the asset, which recently underwent a $2.5 million renovation.
- Result: Trevian lends on for-sale or for-investment single family homes and condos, provided they are not primary residences.
