250 West Street Condo Acquisition Financing
$2,650,000
Manhattan, NY
- Loan Type: Acquisition Financing
- Property: Luxury condominium unit totaling 2,505 square feet.
- Scenario: Trevian's loan financed the time-sensitive acquisition of the property after the sponsor's untimely loss of employment made conventional financing temporarily unobtainable.
- Result: Trevian lends on extremely time-sensitive transactions that have to close in two weeks or less. This loan required a six-day closing. Adding to the complexity was the fact that the sponsor was a foreign national.
