A $2,200,000 construction loan for two for sale luxury condominiums above a retail suite located on Germantown Avenue in the Chestnut Hill section of Philadelphia. The twenty-four-month loan features an interest rate of the Wall Street Journal Prime Rate plus 1%with a floor of 4.25%, and underwritten at 85% loan-to-cost and the 70% as-complete.
- Loan Type : Acquisition Loan : $6,650,000 A $6,650,000 developmental loan for the horizontal development of Parkway at Chesterbrook, a 132-townhome lot subdivision located in Chesterbrook, […]
- Loan Type : Acquisition Loan : $3,105,000 A 3,105,000 loan for the acquisition of 41.5 acres of undeveloped land in Malvern, an affluent suburban neighborhood approximately […]
- Loan Type : Acquisition Loan : $76,383,261 A $76,383,261 first mortgage for the acquisition and horizontal land development of Phase I of The Woodlands at Greystone, […]
- 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, […]
- Loan Type : Acquisition Loan : $12,500,000 A $12,500,000 first mortgage for the horizontal land development of Edgmont Preserve, a 167-lot master planned community situated along […]
- A $2,200,000 construction loan for two for sale luxury condominiums above a retail suite located on Germantown Avenue in the Chestnut Hill section of Philadelphia. The […]
- Loan Type : Refinance Loan : $53,781,504 A $53,781,504 refinance of the remaining undeveloped lots of The Village at Atwater, a 549-lot residential development located immediately […]
- Loan Type : Acquisition Loan : $27,000,000 A $27,000,000 loan for the acquisition and land development of the Atwater South parcel, located immediately adjacent to the […]
- Loan Type : Acquisition Loan : $1,590,000 A $1,590,000 two-year, interest-only construction loan for the acquisition and ground-up development of seven single-family homes in the East […]
