Updated Sep 23, 2026
Greystone Provides $17.36 Million Refinancing Loan For 96-Unit Multifamily Property In Philadelphia
7127 Keystone Street
$17,362,000
$172/SF
Building Size
100,508 SF
Asset Type
MultiFamily
Closing
Sep 22, 2026
About this deal
AI
The Keys is a multifamily property located at 7127 Keystone Street in Philadelphia, PA. The property encompasses 100,508 square feet and comprises 96 residential units along with 9,549 square feet of ground-floor retail space. It was constructed in 2023 and features both residential and retail amenities.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $17,362,000
- Loan Type: Refinance
- Lender: Bryan Grover - Greystone
Bryan Grover, representing Greystone, originated the financing for this refinance transaction, facilitating the acquisition of a Freddie Mac loan specifically for The Keys property.
Players
Keystone MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93