Emerald Creek Capital Provides $34 Million Bridge Loan For MultiFamily Property In Philadelphia

The property involved in this transaction is a multifamily asset located at 4900 Spruce Avenue in Philadelphia. The loan, facilitated by Emerald Creek Capital, amounted to $34,000,000 and was categorized as a bridge loan. The property's market value and additional details were not provided.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $34,000,000
• Lender: Emerald Creek Capital
• Brokers: Thomas Wayda & Jacob Kaplan - Greystone

Thomas Wayda and Jacob Kaplan from Greystone served as the brokers in this deal. No additional information regarding the property's characteristics, such as square footage or specific features, was provided.