Urban Standard Capital Provides $6.1M Acquisition Loan For Philadelphia Multifamily Properties | 2027 Pine Street | Urban Standard Capital | MultiFamily | Loan

Summary

Loan

PENNSYLVANIA

MultiFamily

24,400 sqft

Located at 2027 Pine Street, 716 S. 2nd Street, 716 South Street, 750-752 S. Martin Street, and 902 Spruce Street, this multifamily property in Philadelphia, PA spans a total of 24,400 square feet and consists of 29 units. The transaction, which took place on September 13, 2022, involved an acquisition loan from Urban Standard Capital, with Seth Weissman, Charlie Brosens, Robert Levine, and Bean representing the lending agency. The loan amount for this deal was $6,100,000.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $6,100,000
Loan Type: Acquisition

Seth Weissman, Charlie Brosens, Robert Levine, and Bean from Urban Standard Capital facilitated the loan for this property acquisition in Philadelphia. For all bridge and construction lending opportunities, interested individuals can reach out via email to Charlie ([email protected]) and Robert ([email protected]).

Players

All
1

Lenders
1

Urban Standard Capital

Details

Deal Summary

FINANCED

IMAGE: Seth Weissman, Bean, Charlie Brosens & Robert Levine DATE: 09/13/2022 ADDRESS: 2027 Pine Street, 716 S. 2nd Street, 716 South Street, 750-752 S. Martin Street & 902 Spruce Street MARKET: Philadelphia, PA ASSET TYPE: Multifamily ~ SF: 24,400 ~ UNITS: 29 LENDER: Urban Standard Capital (@USC_NYC) - Seth Weissman (@SjWeissman), Charlie Brosens (@CBrosens), Robert Levine (@RLevine1818) & Bean LOAN AMOUNT: $6,100,000 LOAN TYPE: Acquisition NOTE FROM LENDER: For all bridge & construction lending opportunities, email Charlie ([email protected]) & Robert ([email protected]).

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Address2027 Pine Street

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