HomeBriefs

Brief

KKR Provides $80M Refi on Pittsburgh Apartments

Corebridge Real Estate Investors has landed an $80 million loan to refinance a multifamily property in Pittsburgh, Commercial Observer has learned, KKR supplied the floating-rate, interest-only loan f

Summary

Corebridge Real Estate Investors has landed an $80 million loan to refinance a multifamily property in Pittsburgh, Commercial Observer has learned, KKR supplied the floating-rate, interest-only loan for Corebridge’s 377-unit Brewers Block apartment complex in Pittsburgh’s “Robotics Row” district.

The three-building development, completed in 2023, was originally developed by a joint venture between Pittsburgh-based RDC […]

Source