Updated Nov 13, 2026
Evermore Partners Secures $10.9 Million Mezzanine Loan From Brasa Capital Management For Multifamily Project In Missoula
3920 Trevally Ln
$10,900,000
Units
200
Asset Type
MultiFamily
Closing
Nov 12, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 3920 Trevally Ln, Missoula, MT. The development consists of 200 residential units situated on an 8.5-acre site.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,900,000
- Lender: Brasa Capital Management
- Landlord: Evermore Partners
- Broker: Zachary Streit - Priority Capital Advisory
- Loan Type: Mezzanine
- Loan Term: 48 months with one extension option
- Construction Start: Summer 2026
- Expected Completion: 2028
This transaction was arranged by Zachary Streit from Priority Capital Advisory, who facilitated the mezzanine construction loan provided by Brasa Capital Management to Evermore Partners for the financing of The Flats at Grant Creek project.
On the Map
$10,900,000
MultiFamily
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Players
Missoula 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
1.46%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93