Institutional Partners. Boutique Execution.

Tremper Capital Group is pleased to announce the successful closing of a non-recourse cash-out refinance on behalf of Greystar and Origin Investments - two of the most respected institutional platforms in the multifamily industry. 

Greystar is one of the most recognized names in global real estate, a fully vertically integrated developer, owner, and operator with assets under management exceeding $76 billion, a presence in over 200 markets worldwide, and a portfolio of more than one million multifamily units under management.

Origin Investments is a Chicago-based investment manager with a disciplined, data-driven approach to multifamily real estate, founded on the principle that institutional-quality opportunities should be accessible to a broader range of investors. Together, the two firms have collaborated on multiple transactions totaling over 1,100 units, reflecting a partnership built on aligned execution and shared conviction in high-growth markets across the Southwest.

The subject asset is a recently delivered, Class-A multifamily community managed by Greystar, one of the nation's preeminent residential operators. The refinance retired the existing construction loan, covered transaction costs, and returned meaningful capital to the sponsors - an outcome that reflects both the quality of the asset and TCG's ability to structure a financing solution tailored to a specific moment in a property's lifecycle.

Placing a non-recourse bridge refinance for a newly delivered asset still in lease-up requires a lender willing to underwrite the trajectory of the business plan, not just the current snapshot. TCG's role was to identify that capital partner, present a compelling and credible case for the asset's stabilization path, and negotiate terms that gave the sponsors the runway and flexibility they needed to execute. The result was a loan structure with competitive pricing, maximum interest-only payments, and prepayment flexibility - executed on a timeline that served the sponsors' objectives. TCG is proud to have played a role in this transaction and grateful for the collaboration of all parties involved.