New York Multifamily Acquisition and Renovation Financing
$5,300,000
Cairo, NY
- Loan Type: Recapitalization Financing
- Property: 56-Unit, Class C+, 93% occupied multifamily deal located in the Hudson Valley in New York
- Scenario: Trevian's time of the essence loan funded in less than two weeks and provided the sponsor with capital to implement a full repositioning of the property and bring rents to market.
- Result: Trevian provides sponsors with certainty of execution and flexibility to implement their business plan in a timely manner. This borrower received a working capital draw at close.
