A $2.15 million ground-up construction loan is supporting a new multifamily development in North Philadelphia.
The five-story project will add 13 modern apartments with elevator access and convenient proximity to shopping, dining, recreation, and public transit. Designed to meet the needs of today’s rental market, the development underscores the continued demand for well-located multifamily housing in Philadelphia.
This project highlights Bayport’s commitment to delivering flexible, reliable financing solutions that support impactful developments and create long-term community value.
🔗 Read more on MultifamilyBiz: Bayport Funding Delivers $2.15 Million Construction Loan for Multifamily Development in North Philadelphia
