Provident Bank Provides $2.9M Refinance Loan For Philadelphia Multifamily Portfolio Acquisition | 846 N. 44th St | Will McKenna, Evan Boles | MultiFamily | Loan

Summary

Loan

PENNSYLVANIA

MultiFamily

16,267 sqft

The multifamily property located at 846 N. 44th St, 961 N. 45th Street, 883 Belmont Avenue, 909 Belmont Avenue, and 947 Belmont Avenue in Philadelphia, PA has undergone a refinancing transaction. The property spans a total square footage of 16,267 and is owned by Allen Borovich.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $2,957,500
Lender: Provident Bank
Landlord: Allen Borovich
Brokers: Will McKenna & Evan Boles - Progress Capital
Loan Type: Refinance

The loan was provided by Provident Bank. The brokers involved in the transaction were Will McKenna and Evan Boles from Progress Capital, representing the parties in the deal.

Players

All
3

Agents
2
Agencies
1

Details

Deal Summary

FINANCED

IMAGE: Will McKenna & Evan Boles DATE: 10/21/2022 ADDRESS: 846 N. 44th St; 961 N. 45th Street; & 883, 909, 947 Belmont Avenue MARKET: Philadelphia, PA ASSET TYPE: Multifamily ~ SF: 16,267 LENDER: Provident Bank LANDLORD: Allen Borovich BROKERS: Will McKenna (@MckennaWill) & Evan Boles (@EvanBoles_) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $2,957,500 LOAN TYPE: Refinance

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Address846 N. 44th St

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