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Citizens Bank Leads $78M Financing on Philly-Area Affordable Housing Rehab
Development firm People Restoring Communities (PRC) has sealed $77.61 million in construction financing for the rehabilitation of an affordable housing community in southern New Jersey, Commercial Obs
•schedule1 min read•Source: Commercial Observer
Development firm People Restoring Communities (PRC) has sealed $77.61 million in construction financing for the rehabilitation of an affordable housing community in southern New Jersey, Commercial Observer has learned. Citizens Bank provided a $35.85 million construction loan for PRC’s 150-unit Paulsboro Gardens Apartments property in Paulsboro, N.J., just south of Philadelphia to facilitate renovations of […]