New Jersey Multifamily Acquisition and Renovation Financing

Collingswood, NJ

Loan Type: Financing
Property: 19-Unit, Class C, 78.9% occupied apartment building in Collingswood, NJ, seven miles east of Downtown Philadelphia.
Scenario: Trevian's loan financed the acquisition and provided capital for the sponsor to cure deferred maintenance, gut renovate all units, and reconfigure ten units to include an additional bedroom.
Result: Trevian provides bridge loans on multifamily assets in need of large-scale renovation and repositioning before being conventionally refinanced or sold.