New Jersey Construction-Completion Financing
Pompton Lakes, NJ
- Loan Type: Completion Financing
- Property: 50% complete multifamily complex consisting of 52 Class A units.
- Scenario: Trevian's loan capitalized the completion of the construction, which through closing had been financed with equity, and funded the interest reserves.
- Result: Trevian provides construction-completion financing to Sponsors who need capital to complete their project and lease-up to stabilization.