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$1,100,000 Land Acquisition Loan

Loan Type : Acquisition

Loan : $1,100,000

A $1,100,000 second mortgage for the acquisition and residential land development of the “Kummerer Tract” parcel, in Upper Pottsgrove, Pa. The 59.75-acre site will be developed into approximately 143 single-family homes. This loan carries a six-month term at an interest rate of Prime plus 600 basis points.

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Based in the Philadelphia region, Real Property Capital, Inc. (RPC) is a commercial mortgage banking firm with a regional focus and national capabilities... Read More

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303 Harry St.
Conshohocken, PA
19428
(610) 456-9644
bgreen@realpropertycapital.com

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