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PCCP LLC Provides $62M Loan For Development Site In Philadelphia, PA

9801 Blue Grass Road
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This Development Site property located in PA received a loan of $62,000,000 almost 4 years ago. The brokers of the deal were Aaron Appel, Jonathan Schwartz, Keith Kurland, and Adam Schwartz

Located at 9801 Blue Grass Road in Philadelphia, PA, this development site spans 21.3 acres. The property was involved in a closed transaction on 05/06/2021.

Summary of transaction details

  • Asset Type: Development Site
  • Loan Amount: $62,000,000
  • Square Footage: 282,737 SF

PCCP LLC provided the loan for this transaction, while DH Property Holdings, represented by Dov Hertz, acted as the landlord. The deal was facilitated by brokers Aaron Appel, Keith Kurland, Adam Schwartz, and Jonathan Schwartz from Walker & Dunlop.

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Deals
  • Location
    9801 Blue Grass Road, Philadelphia, PA, USA9801 Blue Grass Road, Philadelphia, PA, USA
  • Loan Value
    $62,000,000$62,000,000
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Keith Kurland

Keith Kurland

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Financed$12.8B

Adam Schwartz

Adam Schwartz

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Financed$11B

Aaron Appel

Aaron Appel

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Financed$15.1B

Agency

Walker & Dunlop

Walker & Dunlop

Agency
Deals609
Volume$76.5B

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Deal Summary

LOAN IMAGE: Keith Kurland, Aaron Appel, Dov Hertz, Jonathan Schwartz & Adam Schwartz DATE: 05/06/2021 ADDRESS: 9801 Blue Grass Road MARKET: Philadelphia, PA ASSET TYPE: Development Site LENDER: PCCP LLC LANDLORD: DH Property Holdings - Dov Hertz BROKERS: Aaron Appel, Keith Kurland, Adam Schwartz & Jonathan Schwartz - Walker & Dunlop LOAN AMOUNT: $62,000,000 SF: 282,737 ACRES: 21.3

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9801 Blue Grass Road

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