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6201 West Bellfort Street

Michael Hoffenberg And Charlie Zabriskie Of Trevian Capital Provide $15.5 Million Loan For Houston Multifamily Acquisition
FINANCEDMultiFamily

Michael Hoffenberg And Charlie Zabriskie Of Trevian Capital Provide $15.5 Million Loan For Houston Multifamily Acquisition

$15,500,000

Building Size

Asset Type

MultiFamily

Closing

Jul 23, 2025

AI

The asset involved in this transaction is a multifamily property located in Houston, consisting of 285 units. The loan amount secured for this acquisition is $15,500,000, structured as a 24-month acquisition bridge loan with a six-month option to extend.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $15,500,000
  • Lender: Michael Hoffenberg & Charlie Zabriskie - Trevian Capital
  • Loan Type: Acquisition
  • Market: Houston
  • Units: 285

This transaction is facilitated by Michael Hoffenberg and Charlie Zabriskie, representing Trevian Capital, who are involved as lenders in this acquisition loan agreement.

Players

Charlie Zabriskie

Trevian Capital

Lender

$297.4M

vol

18 deals

Lender
Trevian Capital
Trevian CapitalLender

Houston 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

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93