Tennessee Commercial Acquisition Financing
$16,500,000
Nashville, TN
- Loan Type: Acquisition Financing
- Property: Vacant, Class A- commercial property comprised of 42,520 SF.
- Scenario: Trevian's time-of-the-essence loan funded the acquisition of the property and afforded the sponsors time to modify their business plan, which needed revision due to pandemic-related complications.
- Result: Trevian lends on value-add real estate, including vacant properties, and can structure and close complex time-sensitive deals.