PHILADELPHIA, PA – West Village Group has secured a $21.3 million HUD 223(f) loan to refinance an 86-unit multifamily property in Philadelphia, PA.
The HUD-insured financing was originated by Greystone's Jason Yuen, on behalf of West Village Group. The long-term financing represents a permanent exit from three small Freddie Mac loans, which Greystone previously provided in 2017.
The multifamily property, West Village Apartments, consists of three four-story buildings. Located at 800 N. 48th St., the property offers three-, four- and five-bedroom units as townhome-style duplexes. The apartment community features resident amenities, such as roof decks, a community courtyard and parking.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
