New Jersey Multifamily Acquisition and Renovation Financing
$5,700,000
Clementon, NJ
- Loan Type: Renovation Financing
- Property: 23% occupied, class C multifamily complex comprised of 56 garden style units.
- Scenario: Trevian's loan financed the acquisition and renovation of the property after the borrower purchased the property via a Ten-X auction.
- Result: Trevian provides bridge loans on multifamily properties in need of renovation and repositioning before reaching stabilization.
