Search...
Counterpointe Sustainable Real Estate and Barings Announce $173 million in Full-Stack Construction Financing for Harper Square Apartment Development in Philadelphia.
I'm PortAI, I can summarize articles.
Counterpointe Sustainable Real Estate and Barings have announced a $173 million full-stack construction financing for the Harper Square Apartment Development in Philadelphia. This includes a $60 million C-PACE financing by CounterpointeSRE and a $113 million mortgage by Barings. The project aims to exceed energy code requirements, reducing energy use by 36%. This collaboration highlights the growing use of C-PACE in premier real estate developments.
Source: MorningStar The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments