PCCP, LLC Provides $500M Loan For Development Site On Schuylkill Ave In Philadelphia

A development site located on Schuylkill Ave in Philadelphia has recently undergone a closed transaction. Covering an area of approximately 1,300 acres, this development site presents a significant opportunity for future projects.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $500,000,000
• Address: Schuylkill Ave
• Market: Philadelphia
• Asset Type: Development Site
• Acres: 1,300

In this transaction, the lender involved is PCCP, LLC, represented by Ryan Dodge. The loan amount secured for this development site amounts to $500,000,000.

The landlord of this property is Hilco Redevelopment Partners (HRP) and Caisse de dépôt et placement du Québec. They are responsible for overseeing the development and future projects on this site.