Stuart UdisPoster
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Preferred Equity - Philadelphia Shovel Ready Projects
Stuart UdisPoster
#3 All Forums Contributor
Pro Member
#3 All Forums Contributor
- Attorney
- Philadelphia
We would like to connect with funding sources interested in participating as preferred equity in the capital stack for shovel ready projects in Philadelphia. Sponsor to guarantee construction loans at 80% LTC and Pref equity not to exceed 65% LTV. New construction projects in sought after markets including Italian Market, Mt. Airy, Fairmount, Penn Alexander Catchment and Loft District. In most cases, value created through use and dimensional zoning relief.
Looking for