Texas Multifamily Recapitalization and Renovation Financing
$7,400,000
Alvin, TX
- Loan Type:
- Property: 72% occupied, Class C multifamily complex comprised of 125 garden style units.
- Scenario: Trevian's loan paid off the existing debt and provided funds to complete a renovation plan that fell behind schedule due to pandemic-related delays.
- Result: Trevian provides recapitalizations to sponsors who need to refinance their existing loans, and need a creative short-term solution to get back on track.
