New York Industrial Acquisition and Renovation Financing
$6,200,000
Riverhead, NY
- Loan Type: Renovation Financing
- Property: 57% pre-leased, Class B warehouse/industrial property comprised of 75,000 square feet.
- Scenario: Trevian's loan financed the acquisition and provided additional proceeds for capital expenditures, tenant improvements, leasing commissions, and environmental investigations and mitigation.
- Result: Trevian is comfortable lending on fully-vacant properties and has deep experience structuring transactions with environmental concerns.
