New York Multifamily Acquisition and Renovation Financing
$6,050,000
Renovation Financing
- Loan Type: Recapitalization
- Property: 100% occupied, Class C multifamily complex comprised of 46 units.
- Scenario: Trevian's loan facilitated the time-sensitive year-end acquisition and provided funds to renovate unit interiors.
- Result: Trevian provides bridge loans on value-add multifamily properties and can expedite the closing process to meet a hard deadline on a time of the essence deal.