Bank OZK And Starwood Property Trust Provide $400M Construction Loan For Development Site On South Broad Street In South Philadelphia, Represented By Ackman-Ziff
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This Development Site property located in PA received a loan of $400,000,000 about 2 years ago. The brokers of the deal were Christine Zivkovic and Russell Schildkraut
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- Location1001 South Broad Street, Philadelphia, Pennsylvania 19147, United States
- Loan Value$400,000,000
- Asset TypeDevelopment Site
- Parties2 Brokers, 1 Agency, 2 Lenders
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Deal Summary
LOAN
IMAGE: Bart Blatstein, Matt Pestronk, Christine Zivkovic
& Russell Schildkraut
DATE: 01/19/2022
ADDRESS: 1001 South Broad Street
MARKET: South Philadelphia
ASSET TYPE: Development Site ~ SF: 1,900,000
LENDER: Bank OZK & Starwood Property Trust
LANDLORD: Post Brothers - Matt Pestronk & Tower Investments - Bart Blatstein
BROKERS: Russell Schildkraut & Christine Zivkovic - Ackman-Ziff
LOAN AMOUNT: $400,000,000
LOAN TYPE: Construction Loan
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1001 South Broad Street
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