Trinity Street Capital Partners Announces the Origination of a $70MM High Leverage, Non-recourse, Bridge Loan on Two Multifamily Complexes Located in Austin, TX

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 · AUSTIN, Texas, May 7, 2019 /PRNewswire/ – Trinity Street Capital Partners (TSCP) (www.trinitystreetcp.com), a full service real estate investment bank, announces the origination of a $70MM, 80% loan-to-cost, bridge loan and construction facility for the acquisition and rehabilitation of two multifamily complexes located in Austin, TX.

Bridge & Construction financing through Trinity Street Capital Partners allows developers and real estate owners to acquire or refinance properties that are not yet ready for permanent finance. Needs for Bridge financing may vary widely, from repositioning a property to acquiring a property at auction.

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AUSTIN, Texas, May 7, 2019 /PRNewswire/ — Trinity Street Capital Partners (TSCP) (www.trinitystreetcp.com), a full service real estate investment bank, announces the origination of a $70MM, 80% loan-to-cost, bridge loan and construction facility for the acquisition and rehabilitation of two multifamily complexes located in Austin, TX.

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Trinity Street Capital Partners Announces the Origination of a $70MM High Leverage, Non-recourse, Bridge Loan on Two Multifamily Complexes Located in Austin, TX Trinity Street Capital Partners Announces the Origination of a $70MM High Leverage, Non-recourse, Bridge Loan on Two Multifamily Complexes Located in Austin, TX

In one recent assignment, Dekel Capital sourced 90% LTC non-recourse financing (Freddie Floating Rate Loan + Pref Equity) at a sub-6.0% blended rate, non-recourse and fixed for 5 years, for the acquisition of a 300-unit value-add multifamily deal on an underperforming class-B multifamily asset in Southern Florida.

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Trinity Street Capital Partners Announces the Origination of a $70MM High Leverage, Non-recourse, Bridge Loan on Two Multifamily Complexes Located in Austin, TX May 7, 2019 DPL Financial Partners named 2019 WealthManagement.com Industry Awards finalist

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