Harper Square Apartment Tower
Sector: Residential • Location: Philadelphia, Pennsylvania, United States
Source: The Business Journals
Pearl Properties has secured $173 million in construction financing for a high-rise apartment tower in Rittenhouse Square, Philadelphia. The 267-unit Harper Square tower at 113-19 S. 19th St. is planned to be more than 500 feet tall, making it the tallest for-rent apartment building in the city. The project was originally proposed as a 50-story building but revised to 45 stories. Financing include
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Participants
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Status
Original status | planned |
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Contact
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Description
Description | Pearl Properties has secured $173 million in construction financing for a high-rise apartment tower in Rittenhouse Square, Philadelphia. The 267-unit Harper Square tower at 113-19 S. 19th St. is planned to be more than 500 feet tall, making it the tallest for-rent apartment building in the city. The project was originally proposed as a 50-story building but revised to 45 stories. Financing includes a $113 million construction loan from Barings and a $60 million C-PACE loan from Counterpointe Sustainable Real Estate, the largest C-PACE loan in Pennsylvania history. The project is scheduled for completion in spring 2028. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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