North Carolina Multifamily Acquisition and Renovation Financing


Jacksonville, NC

  • Loan Type: Acquisition and Renovation Financing
  • Property: Two-property, multifamily complex comprised of 464 garden-style units.
  • Scenario: Trevian's loan allowed the Sponsor to purchase and renovate a then 40% occupied, poorly managed multifamily complex.
  • Result: Trevian lends on value-add multifamily properties that need to be renovated and stabilized before they can be refinanced with Agency, HUD, local bank, or CMBS financing.