Trevian Capital Provides $18 Million Acquisition Loan For 168-Unit Multifamily Asset In Charleston SC

The asset involved in this transaction is a multifamily property featuring 168 units located in Charleston, SC. The loan provided for acquisition purposes amounts to $18,000,000, with a loan term structured as 18 months plus an additional 6-month extension option.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,000,000
• Lender: Charlie Zabriskie & Michael Hoffenberg
• Lender Agency: Trevian Capital
• Loan Type: Acquisition
• Loan Terms: 18 + 6
• Units: 168
• Market: Charleston, SC

Key individuals involved in this transaction include Charlie Zabriskie and Michael Hoffenberg, who represent Trevian Capital as the lending agency for this multifamily acquisition loan. Their participation in this deal underlines their engagement in the financing aspect of the property transaction.