Ohio Multifamily Acquisition and Renovation Financing
$3,550,000
Euclid, OH
- Loan Type: Acquisition and Renovation Financing
- Property: 92% occupied, Class C garden style multifamily complex comprised of 94 units.
- Scenario: Trevian's loan funded the acquisition and renovation of the property, which included curing of deferred maintenance, exterior and common area renovations, updating units, and energy efficiency upgrades.
- Result: Trevian lends on value-add multifamily properties, specializing in short-term scenarios where speed, ease of use, and flexibility are paramount.
