Oklahoma Multifamily Recapitalization and Renovation Financing
$4,900,000
Oklahoma City, OK
- Loan Type: Renovation Financing
- Property: 71% occupied, Class C multifamily complex comprised of 105 garden-style units.
- Scenario: Trevian's loan paid off a maturing bridge loan and provided additional funds to complete a renovation plan that experienced pandemic-related delays and cost overruns.
- Result: Trevian provides flexible bridge loans to borrowers who have gone over schedule and/or budget, and need a creative short-term solution to get back on track.