The Sponsor was looking to secure equity for the acquisition of a 432-unit apartment complex.

Washington Square was engaged by the Sponsor to secure a high-leveraged construction loan.

Washington Square was engaged by the Sponsor to secure a high-leveraged loan to take out and the existing lender and complete the construction of three properties in South Philadelphia.

Washington Square was engaged by the Sponsor to secure a construction loan for his first project amidst the COVID-19 global pandemic.

Washington Square was able to arrange an acquisition loan prior to the Sponsor controlling the Property. Once the Sponsor was able to go under agreement to purchase the Property, the subject financing closed within 24 hours.

The Sponsor was looking to secure equity for the acquisition of a 694-unit apartment complex. Washington Square was able to arrange $14.9MM of equity allowing the Sponsor to acquire the Property and bring the rents up to market.

Washington Square located a private construction lender to quickly lend almost 100% of the required capital.

This 300 bed student housing development serving Temple University had maturing construction debt, but due to the initial delivery and property C of O being achieved immediately prior to the student leasing season, the building had not reached stabilization on its original schedule.

This Property is a fractured condominium with 205 of 300 units owned by the Sponsor. The borrower needed high leverage financing to pay off the existing lender, buy additional units, and provide equity recapture. Washington Square arranged a $24MM senior loan, along with $4MM of preferred equity, to accomplish this highly structured and complex transaction.

Arranging a construction loan for a multifamily Property in a rapidly developing neighborhood in South Philadelphia. Today’s market conditions have seen a rapid decline in the availability of proceeds for ground-up multifamily projects. Washington Square was able to secure a highly levered construction loan from a foreign capital source.