Multifamily Portfolio

Loan Highlights

  • Location: Northern California
  • Product Type: Multifamily
  • Loan Amount: $16,330,900

Description

Multifamily Portfolio

Revere Capital has funded a $16,330,900 loan on a 333-unit multifamily portfolio in Northern California.

  • Loan proceeds allowed the borrower to acquire two multifamily properties and grow the portfolio from 175 to 333 units.
  • Revere’s ability to structure a loan secured by 16 properties consisting of three different asset types enabled the borrower to execute two multifamily acquisitions within a constrained timeframe.
  • Borrower was able to refinance their multifamily portfolio as a bridge to permanent financing.