Fayetteville Multifamily Acquisition and Renovation Financing
$5,000,000
Fayetteville, NC
- Loan Type: Acquisition and Renovation Financing
- Property: Multifamily complex comprised of 120 garden-style units across fifteen buildings.
- Scenario: Proceeds from Trevian's loan were used to finance the acquisition and renovation of the property after the Sponsor purchased the project via foreclosure.
- Result: Trevian provides bridge loans on multifamily assets that are not yet ready to be financed with Freddie, Fannie, or FHA loans.
