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1601 Highway 90 W

Trevian Capital Provides $8,600,000 Acquisition Loan For Sealy Multifamily Asset With 136 Units
FINANCEDMultiFamily

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:

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

Trevian Capital
Trevian CapitalLender

Charlie Zabriskie

Originator

$297.4M

vol

18 deals

Originator

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