Select Commercial Closes Apartment Loan of $6,827,000
Select Commercial Funding LLC, a leading nationwide commercial mortgage brokerage company, is pleased to announce the closing of a $6,827,000 Apartment Loan, for the refinance of a 64 unit garden/low rise apartment property known as Brandywine Garden Apartments, located in West Chester, PA (Chester County). The three-story apartment complex is located on a 3.20-acre site with parking for 66 cars and contains 42,427 square feet of net rentable area with an average unit size of 663 square feet. The property was constructed in 1964 and had a 98.4% occupancy rate at closing. [...]