Preferred Equity - Philadelphia Shovel Ready Projects

[Stuart Udis]

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.