NEW YORK MULTIFAMILY RECAPITALIZATION AND CONSTRUCTION-COMPLETION FINANCING
$25,000,000
New Rochelle, NY
- Loan Type:
- Property: 80% complete, 110-unit Class A multifamily complex.
- Scenario: Trevian's loan enabled the sponsor to buy out a partner to end a lengthy and contentious partnership dispute, paving the way for construction to re-commence.
- Result: Trevian provides creatively structured, time-of-the-essence recapitalizations on stalled and distressed construction scenarios to bridge properties through completion and lease-up to stabilization.
