Multifamily news in Finance & Investment - Philadelphia
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PGIM Real Estate Sells Philadelphia-Area Community
The property in Bala Cynwyd, Pa., was purchased for $59.5 million.
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Affordable Suburban Philadelphia Housing Lands $35M HUD Grant
A public-private partnership will use the funding to rehabilitate and expand the 306-unit asset in Camden, N.J.
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Greystone Provides $50M Loan for Metro Philadelphia Property
Goldcrest Management used the Freddie Mac financing to acquire a 484-unit apartment community in Pine Hill, N.J.
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Philadelphia Student Housing Development Gets $23M
College Town Communities will use the loan to build the 264-bed expansion near Penn State Abington's campus.
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KeyBank Provides $23M Financing for Pennsylvania Affordable Community
The adaptive reuse project will transform a former school into a 50-unit property catering to seniors 62 and over.
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Greystone Arranges $95M Financing for Multifamily Trio
The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.
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Pennrose Lands Financing for Philly-Area Senior Community
The 96-unit building represents the final phase of the Kinder Park development in Ridley Township.
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Philadelphia Multifamily Wrap-Up – August 2020
Exeter Property delivers 30-story University City tower. Harbor Group gets $87 million refi. Here's our August selection of Philadelphia must-reads.
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Harbor Group Lands $87M Refi for Philly-Area Property
The owner secured the Freddie Mac loan for a 405-unit community in Exton, Pa.
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Philadelphia Multifamily Wrap-Up – July 2020
Southern Land plans residential tower downtown. Alterra gets $120 million project financing. Here’s our selection of Philadelphia must-reads.
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Alterra Lands $120M for Philadelphia Mixed-Use Project
The loan will be used in the construction of a 410-unit development near the Center City neighborhood.
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Tryko Partners Expands Greater Philadelphia Portfolio
The company purchased a two-facility asset providing skilled nursing and personal care services in Springfield, Pa., its fourth investment in the region.
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Philadelphia Multifamily Wrap-Up – May 2020
Morgan Properties scores $661 million loan. Lindy Property Management gets Huntingdon Valley community refi. Catch up with our May selection of Philadelphia must-reads.
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Dougherty Mortgage Refinances Philadelphia-Area Affordable Asset
The mortgage banking firm provided the 10-year financing in collaboration with LSG Lending Advisors.
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Philadelphia-Area Community Lands $77M Refi
Greystone originated the Fannie Mae loan on behalf of the borrower, Lindy Property Management.