New Jersey Multifamily Acquisition and Construction-Completion Financing
$21,500,000
Fairview, NJ
- Loan Type: Completion Financing
- Property: 50% complete multifamily complex consisting of 111 Class A units.
- Scenario: Trevian's loan enabled the borrower to purchase the half-built property from a forced seller on a stalled project.
- Result: Trevian stepped in mid-construction to complete the project and provide the Borrower with adequate runway to lease up and stabilize the property.
