North 23rd Street

North 23rd Street

Location:

Pennsylvania

Location:

Pennsylvania

Year:

2022 - Closed by the principals of ArrowREA

Year:

2022 - Closed by the principals of ArrowREA

Type:

Residential

Type:

Residential

Tall modern skyscraper with vertical lines, viewed against a clear blue sky.

Project Overview

Project Overview

Project Overview

Location

Philadelphia

Location

Philadelphia

Number of Units

333 Units

Number of Units

333 Units

Loan Amount

$155,000,000

Loan Amount

$155,000,000

Asset Type

Multifamily

Asset Type

Multifamily

Transaction Challenges:

» Significant deal size relative to Philadelphia market » Market leading and highly amenitized property » Significant retail income

Transaction Challenges:

» Significant deal size relative to Philadelphia market » Market leading and highly amenitized property » Significant retail income

ArrowREA Solution:

» Our team negotiated favorable financing for this unique and highly sought after property by highlighting the relative value proposition, quality of the asset, and strength of sponsorship.

ArrowREA Solution:

» Our team negotiated favorable financing for this unique and highly sought after property by highlighting the relative value proposition, quality of the asset, and strength of sponsorship.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.