Class A Phoenix Multifamily Recapitalization
$23,000,000
Phoenix, AZ
- Loan Type: Recapitalization
- Property: A 138-unit, newly-constructed, Class A multifamily complex.
- Scenario: Trevian's loan provided a lower cost of capital, a partial return of equity to investors, and a replenishment to the interest reserve.
- Result: Trevian provides funding for additional reserves, partial return of equity, and a lower cost of capital during construction and lease-up.
