Florida Multifamily Acquisition and Renovation Financing
$2,125,000
Bartow, FL
- Loan Type: Renovation Financing
- Property: 100% occupied, garden-style apartment complex comprised of 48 units.
- Scenario: Trevian's loan funded the sponsor's business plan to purchase the LURA-encumbered property, cure deferred maintenance, perform renovations, and raise rents to market once the LURA expires.
- Result: Trevian provides bridge loans nationwide on assets in need of large-scale renovation and re-branding before being conventionally refinanced or sold.
