53,000 SF Land Parcel
Philadelphia, PA
$820,000 Land Loan
Challenge
The Borrower needed to purchase a land parcel in a gentrifying area of Philadelphia while construction plans were being finalized. The Borrower approached Washington Square with a request for a bank loan and only 30 days left on an Agreement of Sale.
Solution
Washington Square arranged a bank loan at a low interest rate that closed by the Borrower’s deadline.