$50M Bridge Loan
Malvern, PA
225-unit Multifamily Property
Washington Square Realty Capital arranged $50MM of bridge financing for the acquisition of The Yards at Malvern, a 225-unit, Class-A apartment complex in Malvern, PA. Washington Square arranged a higher leverage bridge loan for the acquisition to avoid locking into an agency loan in a high-interest rate environment and remove the need for subordinate financing.