Florida Multifamily Acquisition Financing
North Miami Beach, FL
- Loan Type: Acquisition Financing
- Property: 94% occupied, Class B apartment building comprised of 16 units.
- Scenario: Trevian’s loan funded the time-sensitive acquisition of the property after the borrower was unable to obtain agency financing due to DSCR constraints.
- Result: Trevian is not beholden to generalized underwriting standards, and can provide flexible and senior-stretch bridge loans for transitional multifamily properties.