Multifamily

Loan Highlights

  • Location: San Antonio, TX
  • Product Type: Multifamily
  • Loan Amount: $1,500,000

Description

Multifamily

Revere Capital funded a $1,500,000 loan secured by a second lien on a Class A, 150-unit apartment property in San Antonio, TX

  • Proceeds facilitated a preferred equity partner redemption pursuant to a buy/sell agreement
  • Loan subordinate to a senior bank loan
  • Closed in three business days after signed term sheet
Cheyanne HarringtonAugust 14, 20190 comments