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Memphis

Trevian Capital Provides $7,500,000 Refinance Loan For 160-Unit Multifamily Asset In Memphis
FINANCEDMultiFamily

Trevian Capital Provides $7,500,000 Refinance Loan For 160-Unit Multifamily Asset In Memphis

$7,500,000

Building Size

Asset Type

MultiFamily

Closing

May 19, 2026

AI

The asset involved in this transaction is a multifamily property located in Memphis, TN, comprising 160 units. The refinance loan amounts to $7,500,000 with a loan term of 12 months along with a 6-month option to extend.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,500,000
  • Lender: Trevian Capital
  • Loan Type: Refinance
  • Loan Terms: 12 Months + 6 Month Option to Extend
  • Date: 05/19/2026

Michael Hoffenberg and Charlie Zabriskie were key individuals involved in this transaction, representing the interests related to the financing of the property.

Players

Trevian Capital
Trevian CapitalLender

Charlie Zabriskie

Originator

$304.9M

vol

19 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

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93