Michigan Industrial Warehouse/Distribution Facility Recapitalization Financing
$6,000,000
Lansing, MI
- Loan Type: Recapitalization Financing
- Property: 100% occupied, 270,000 square foot multi-tenant industrial warehouse/distribution facility.
- Scenario: Trevian's loan paid off an existing bridge loan that was in forbearance, paid outstanding TI/LCs, and gave the borrower additional runway to negotiate long-term leases and either sell or refinance conventionally.
- Result: Trevian provides bridge loans nationwide on value-add and transitional real estate and is comfortable with 'story deals'.
