Trevian Capital Provides $8,600,000 Acquisition Loan For Sealy Multifamily Asset With 136 Units
$8,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 16, 2026
AI
The transaction involved a multifamily asset located in Sealy, consisting of 136 units. The total acquisition loan amount for the property was $8,600,000, facilitating the purchase. The loan was issued by Trevian Capital, with a closing period of 7 days from the term sheet to closing.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,600,000
- Lender: Trevian Capital
- Originators: Michael Hoffenberg & Charlie Zabriskie - Trevian Capital
The transaction involved key individuals such as Michael Hoffenberg and Charlie Zabriskie from Trevian Capital, playing a crucial role in the loan origination process. Their expertise contributed to the efficient closing of the deal within a short timeframe.
Players
Sealy 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
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93