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Birmingham

Michael Hoffenberg & Charlie Zabriskie Of Trevian Capital Provide $6.5M Refinance For Birmingham Multifamily
FINANCEDMultiFamily

Michael Hoffenberg & Charlie Zabriskie Of Trevian Capital Provide $6.5M Refinance For Birmingham Multifamily

$6,500,000

Building Size

Asset Type

MultiFamily

Closing

Dec 10, 2025

AI

The asset involved in this transaction is a multifamily property consisting of 113 units located in Birmingham, AL. The loan amount secured for this property is $6,500,000, with the refinancing structured for a duration of 1 year, accompanied by a 6-month option to extend.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,500,000
  • Lender: Michael Hoffenberg & Charlie Zabriskie - Trevian Capital
  • Loan Type: Refinance
  • Loan Terms: 1 Year + 6 Month Option to Extend
  • Market: Birmingham, AL
  • Units: 113

This transaction features key individuals, Michael Hoffenberg and Charlie Zabriskie, who represent Trevian Capital as the lenders for the refinancing deal. Their involvement highlights the financing process behind the multifamily property acquisition.

Players

Trevian Capital
Trevian CapitalLender

Charlie Zabriskie

Originator

$288.8M

vol

17 deals

Originator

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93