Post Brothers Secures $178M Loan From Lionheart For MultiFamily In Philadelphia

The property at 1001 N 2nd St in Philadelphia, PA, 19123 is a MultiFamily asset. The loan for this property was closed on 06/30/2021 with a total amount of $178,000,000.00. The borrower, Post Brothers, obtained the loan from Lionheart Strategic Management, with Russell Schildkraut from Ackman-Ziff representing the borrower.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $178,000,000.00
• Market: Philadelphia

Russell Schildkraut from Ackman-Ziff served as the Borrower's Representative in this transaction, working on behalf of Post Brothers. Lionheart Strategic Management provided the loan to finance the property at 1001 N 2nd St. The deal, which took place in Philadelphia, involves a significant amount in the MultiFamily sector.