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Loan · MultiFamily

Updated Aug 20, 2026

Trevian Capital Provides $30 Million Bridge Loan For 120-Unit Multifamily Asset In Ann Arbor
FINANCEDMultiFamily

Trevian Capital Provides $30 Million Bridge Loan For 120-Unit Multifamily Asset In Ann Arbor

$30,000,000

Units

120

Asset Type

MultiFamily

Closing

Jul 28, 2026

About this deal

AI

The asset involved in this transaction is a multifamily property located in Ann Arbor, MI, consisting of 120 units. The property has a loan amount of $30,000,000 secured through Trevian Capital, which specializes in providing bridge loans.

Summary of transaction details:

The key individuals involved in this transaction include Michael Hoffenberg and Charlie Zabriskie. Charlie Zabriskie serves as the loan originator through Trevian Capital, representing the lender in this deal.

Players

Trevian Capital
Trevian CapitalLender

Charlie Zabriskie

Originator

$365.3M

vol

21 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

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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