1440 Front Street
C-PACE AMOUNT
$10.6M
Property Type
Multifamily
Project Type
New Construction
STATE
Pennsylvania
In The Press
Press Release, 1440 Front Street in Philadelphia, Pennsylvania
114-unit multifamily property in Philadelphia’s Fishtown neighborhood closes capital stack with $10.6 million C-PACE loan
Minneapolis, Minnesota (Aug. 5, 2024) – PACE Loan Group (PLG) closed a $10.6 million C-PACE loan to complete the capital stack for the new construction of a 114-unit multifamily property in the Fishtown neighborhood of Philadelphia resulting from combining six vacant city lots. The project, at 1440 Front Street, has an expected completion date of June 2026.
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