Chrystie Street Development Site Acquisition Financing


Manhattan, NY

  • Loan Type: Acquisition Financing
  • Property: Development site zoned as-of-right for 16,250 square feet of residential development.
  • Scenario: Trevian's loan was used to acquire the property and carry it through predevelopment until an assemblage with an adjacent lot was consummated and a construction loan obtained.
  • Result: Trevian lends on fully-entitled development sites in core urban-infill locations that need to be bridged until a construction loan can be obtained.