New York Multifamily Recapitalization and Construction Completion Financing
$18,500,000
Poughkeepsie, NY
- Loan Type:
- Property: 67% complete, 84-unit, class A apartment complex.
- Scenario: Trevian’s loan enabled the sponsor to recapitalize their
construction loan, lower their cost of capital, recapture equity, and
bridge through completion and stabilization
- Result: Trevian provides creatively structured, time-of-the-essence recapitalizations of mid-construction projects that have gone over schedule and/or budget.
