Texas Multifamily Recapitalization and Renovation Financing
$19,960,000
Baytown, TX
- Loan Type: Recapitalization and Renovation Financing
- Property: Class B garden style multifamily complex comprised of 308 garden style units.
- Scenario: Trevian's loan paid off the existing bridge loan and provided proceeds to cure the remaining deferred maintenance, upgrade common amenities, finish interior renovations, lease up the property to stabilization.
- Result: Trevian provides bridge loans on value-add properties, and specializes in speed, certainty of execution, and ease of use.
