Method Co. Acquires Multifamily Property In Philadelphia For $30M Loan From Pacific Western Bank

The multifamily property located at 4300 Ridge Avenue in Philadelphia, PA, has been involved in a recent transaction. The property spans approximately 145,450 square feet and consists of 142 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $30,000,000
• Address: 4300 Ridge Avenue, Philadelphia, PA
• Market: Philadelphia, PA
• Lender: Pacific Western Bank
• Landlord: Method Co.
• Broker: Gregg Wallace - AMA Financial
• Loan Type: Construction

The lender for this transaction is Pacific Western Bank, while the landlord is Method Co. The broker representing the deal is Gregg Wallace from AMA Financial.