FINANCED
Invesco Real Estate & Webster Bank Provide $76.8M Loan For Development Site In Philadelphia
9801 Blue Grass Road
Development Site
282,737 SF
282,737 SF
Summary
Loan
PENNSYLVANIA
Development Site
282,737 sqft
The development site located at 9801 Blue Grass Road in Philadelphia has been involved in a recent closed property transaction. The site spans 21.3 acres and has a building square footage (BSF) of 282,737.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $76,800,000
- Address: 9801 Blue Grass Road, Philadelphia
- Market: Philadelphia
- BSF: 282,737
- Acres: 21.3
In this transaction, the loan amount of $76,800,000 was provided by Invesco Real Estate and Webster Bank. The landlord of the property is DH Property Holdings. The brokers involved in the deal include Aaron Appel, Jonathan Schwartz, Keith Kurland, and Adam Schwartz from Walker & Dunlop.
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Details
FINANCED
IMAGE: Aaron Appel, Jonathan Schwartz, Keith Kurland & Adam Schwartz
DATE: 09/06/2022
ADDRESS: 9801 Blue Grass Road
MARKET: Philadelphia
ASSET TYPE: Development Site ~ BSF: 282,737 ~ ACRES: 21.3
LENDER: Invesco Real Estate & Webster Bank
LANDLORD: DH Property Holdings
BROKERS: Aaron Appel, Jonathan Schwartz (@JonSchwartz), Keith Kurland @BeefyAppleSeed) & Adam Schwartz - Walker & Dunlop (@WalkerDunlop)
LOAN AMOUNT: $76,800,000View on map
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Address9801 Blue Grass Road
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