Nolita – Construction-Completion and Condo Inventory Financing


New York, NY

  • Loan Type: Inventory Financing
  • Property: 6-unit luxury residential condominium building with ground-floor retail.
  • Scenario: Trevian's loan allowed the Sponsor to pay off his existing debt, fund the completion of construction, and provide runway to market and sell the units.
  • Result: Trevian provides timely construction-completion financing in situations where the existing lender has stopped funding and the Sponsor is faced with large carrying costs and a halted construction project.