389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
City: Berwyn
Bozzuto-Led Venture Completes Redevelopment of Phila.-Area Retail Space to Apartments
Philadelphia Business Journal A venture of Bozzuto and Echo Realty has completed the redevelopment of the retail property at 400 Swedesford Road in Berwyn, Pa., into the 250-unit Ember at Berwyn Apartments. Echo Realty, of Pittsburgh, had owned the property ...
Davidson Kempner Buys 80 Percent Stake in Office Portfolio from Brandywine in $192.9Mln Deal
Davidson Kempner Capital Management has acquired an 80 percent stake in a portfolio of office buildings in Maryland and Pennsylvania from Brandywine Realty Trust, which said the sale generated $156 million of net cash proceeds.
Swedesford Plaza
98 percent occupied. The property is collateral for $35.1 million of debt that's securitized through JPMorgan Chase Commercial Mortgage Securities Trust, 2007-LDP11.
Swedesford Plaza/380-460 Swedesford Road.
Wharton has lined up $35.1 million of permanent financing for the property. Capmark Finance Inc. arranged the financing.
1041 Cassatt Road
Trinity funded the transaction with $22.5 million of debt provided by JPMorgan and arranged by BlueStone Real Estate Capital. Terms of the financing were not disclosed.
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