Multifamily & Retail

Loan Highlights

  • Location: Nacogdoches, Texas
  • Product Type: Multifamily & Retail
  • Loan Amount: $4,300,000

Description

Multifamily & Retail

Revere Capital funded a $4,300,000 loan secured by a portfolio of properties in the historic college town of Nacogdoches, Texas. The loan is secured by a first lien on two multifamily properties and one retail property.

  • Proceeds were used to retire the existing debt
  • Borrower has invested considerable capital into the improvement and upgrades of the properties
  • Transaction closed in under 14 days.