FINANCED
WelcomeLend Arranges $33.1M Construction Loan For Multifamily Property In Philadelphia, PA
7619 Germantown Avenue
MultiFamily
91,411 SF
91,411 SF
Financed 1 year ago
Summary
Loan
PENNSYLVANIA
MultiFamily
91,411 sqft
The property involved in this transaction is a multifamily asset located at 7619 Germantown Ave in Philadelphia, PA. The property has a total square footage of 91,411 and consists of 114 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $33,100,000
- Address: 7619 Germantown Ave
- Market: Philadelphia, PA
- Square Footage: 91,411
- Units: 114
- Lender: Debt Fund
- Landlord: SPE
- Brokers: Joshua Dormody - WelcomeLend, Cameron Huard - WelcomeLend
- Loan Type: Construction Loan
The loan amount for this transaction is $33,100,000, and the loan type is a construction loan. The broker representatives involved in the deal are Joshua Dormody from WelcomeLend and Cameron Huard from WelcomeLend.
Players
Details
FINANCED
IMAGE: Cameron Huard & Joshua Dormody
DATE: 02/28/2022
ADDRESS: 7619 Germantown Ave.
MARKET: Philadelphia, PA
ASSET TYPE: Multifamily ~ SF: 91,411 ~ UNITS: 114
LENDER: Debt Fund
LANDLORD: SPE
BROKERS: Joshua Dormody (@JoshuaDormody) & Cameron Huard (@CamHuard) - WelcomeLend
LOAN AMOUNT: $33,100,000
LOAN TYPE: Construction LoanView on map
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Address7619 Germantown Avenue
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