Suburban Cleveland Office Recapitalization


Beachwood, OH

  • Loan Type: Recapitalization Financing
  • Property: Class B office building comprised of 40,000 square feet.
  • Scenario: Trevian's loan was used to pay off a defaulted first mortgage that was in foreclosure.
  • Result: Trevian provides rescue financing to help sponsors save assets from foreclosure. In this case, Trevian helped break a stalemate between the sponsor, existing lender, and anchor tenant.