Philadelphia Acquisition Financing
$17,025,000
Philadelphia, PA
- Loan Type: Recapitalization Financing
- Property: Newly-constructed, 71-unit, class A apartment complex with 8,000 square feet of ground floor retail.
- Scenario: Trevian's loan financed the time-sensitive acquisition and provided the sponsor with prepayment flexibility to quickly refinance the deal in a rising interest rate environment.
- Result: Trevian is not beholden to generalized underwriting standards, and can create flexible solutions for borrowers in need of a quick and user-friendly execution.
