Mixed-Use Warehouse Conversion in University City 2017-11-29T21:16:14+00:00

Project Description

Mixed-Use Warehouse Conversion

University City

ALL Commercial Capital secured financing on a $4,972,332 construction loan for a mixed-use warehouse conversion in University City, Philadelphia PA.  The completed project will have 34 units with a retail space on the first floor.  The client’s equity injection was a mere $450,000 coming from the ownership of the land itself. Loan-to-Cost was a whopping 87%!!  All soft costs, including environmental reports, interest reserves, and architecturals were financed by the bank at closing!