North Carolina Multifamily Acquisition and Construction-Completion Financing
$21,000,000
Concord, NC
- Loan Type: Recapitalization and Renovation Financing
- Property: 93% complete, pre-C-of-O, class A- apartment complex in Concord, North Carolina.
- Scenario: Trevian’s loan financed the acquisition, provided funds to complete construction, and provided runway to lease-up and stabilization.
- Result: Trevian provides creatively structured, time-of-the-essence recapitalizations of mid-construction projects.