Chelsea Condominium Recapitalization


New York, NY

  • Loan Type: Recapitalization
  • Property: An eight-unit luxury residential condominium property consisting of 12,980 square feet.
  • Scenario: Trevian's loan allowed the Sponsor to pay off a matured senior mortgage and complete a condominium conversion.
  • Result: Trevian lends to foreign nationals who are often unable to qualify for conventional debt.