JLJ Capital Provides $16.9M Construction Loan For 945 Frankford Avenue In Philadelphia

Located at 945 Frankford Avenue in Philadelphia, PA, the mixed-use property involved in the transaction boasts a loan amount of $16,900,000 for construction purposes. The lender, JLJ Capital, provided funding for this project, with Archive Development acting as the landlord in the deal.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $16,900,000
• Loan Type: Construction
• Loan Terms: 18 months
• Lender: JLJ Capital
• Landlord: Archive Development
• Address: 945 Frankford Avenue
• Market: Philadelphia, PA

The transaction involved key individuals such as the lender, JLJ Capital, and the landlord, Archive Development. The loan terms for this deal are set at 18 months, reflecting a strategic investment in the mixed-use property.