Detroit Multifamily Acquisition Financing


Ecorse, MI

  • Loan Type: Acquisition Financing
  • Property: Multifamily complex comprised of two garden-style apartment complexes totaling 72 units.
  • Scenario: Trevian's loan was used to finance a time-of-the-essence acquisition following a failed Agency execution.
  • Result: Trevian lends on time-sensitive transactions that need surety of closing. The Sponsor needed more time to find an acceptable co-guarantor and secure agency financing.