PCCP LLC Provides $62M Loan For Development Site In Philadelphia, PA | 9801 Blue Grass Road | Keith Kurland, Adam Schwartz, Aaron Appel, Jonathan Schwartz | Development Site | Loan

Summary

Loan

PENNSYLVANIA

Development Site

282,737 sqft

Located at 9801 Blue Grass Road in Philadelphia, PA, this development site spans 21.3 acres. The property was involved in a closed transaction on 05/06/2021.

Summary of transaction details

Asset Type: Development Site
Loan Amount: $62,000,000
Square Footage: 282,737 SF

PCCP LLC provided the loan for this transaction, while DH Property Holdings, represented by Dov Hertz, acted as the landlord. The deal was facilitated by brokers Aaron Appel, Keith Kurland, Adam Schwartz, and Jonathan Schwartz from Walker & Dunlop.

Players

All
5

Agents
4
Agencies
1

Keith Kurland

Senior Managing Director

$226.7M Sold

Adam Schwartz

Senior Managing Director

$226.7M Sold

Aaron Appel

Senior Managing Director

$266M Sold

Jonathan Schwartz

Principal

$230M Sold

Walker & Dunlop

Details

Deal Summary

FINANCED

IMAGE: Keith Kurland, Aaron Appel, Dov Hertz, Jonathan Schwartz & Adam Schwartz DATE: 05/06/2021 ADDRESS: 9801 Blue Grass Road MARKET: Philadelphia, PA ASSET TYPE: Development Site LENDER: PCCP LLC LANDLORD: DH Property Holdings - Dov Hertz BROKERS: Aaron Appel, Keith Kurland, Adam Schwartz & Jonathan Schwartz - Walker & Dunlop LOAN AMOUNT: $62,000,000 SF: 282,737 ACRES: 21.3

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Address9801 Blue Grass Road

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