Latest Transaction


Location

Philadelphia, PA

Property Type

Student Housing

Loan Type

Refinance

Loan Program

Short-Term Bride Loan

Amount

$17,500,000

Need:

The borrower needed to refinance the maturing debt on the student housing portfolio located near a major Philadelphia University.

Solution:

VCREF provided the borrower with two cross-collateralized loans to refinance the maturing debt on the property.

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