Project Overview Closing Date: September 28, 2026 Somerset Station Phase II is a 146,000-square-foot, 170-unit multifamily building located adjacent to the 220-unit first phase of Somerset Station. The new development will feature 76 studios, 38 one-bedroom units, 56 two-bedroom units, and an on-site parking garage. PEA, Nuveen Green Capital, and Somerset Street Station LLC closed…
Project Overview Closing Date: November 5, 2025 Luxury multifamily tower Harper Square will rise 500 feet once constructed, making developer Pearl Properties’ planned tower at 113-19 S. 19th St the tallest apartment rental building in Philadelphia. PEA, Counterpointe Sustainable Real Estate (CounterpointeSRE), and property owners 19S Partners, LLC & 18 San Partners LLC (managed by…
Project Overview Closing Date: July 20, 2026 Riverwards Group received $17.3 million in Philadelphia C-PACE financing from Nuveen Green Capital to support construction of a new 155-unit multifamily apartment building in Philadelphia’s East Kensington neighborhood. The six-story development at 2507 Almond Street will include high-efficiency heating, ventilation, and air conditioning (HVAC) and building envelope upgrades, among…
Project Overview Closing Date: November 21, 2025 Lincoln 7078 LLC received $1.1 million in Philadelphia C-PACE financing from PACE Equity for a new development in the Mt. Airy neighborhood of Northwest Philadelphia. The 39,000 square-foot multifamily building will include 30 apartments. C-PACE provided funds for high-efficiency HVAC and lighting, among other improvements, exceeding energy costs…
Project Overview Closing Date: July 31, 2024 The Frame is a 114-unit multifamily property located in Philadelphia’s vibrant Fishtown neighborhood. The mixed-use development combined six previously vacant lots to form the luxury tower, complete with 2,000 square feet of ground-level retail space, a green roof deck, and high-efficiency building design features. In July 2024, PEA,…
Project Overview Closing Date: December 19, 2023 Owners of new multifamily property at 2008 N. Broad Street secured $5.2 million in C-PACE financing from Nuveen Green Capital to fund the building’s energy efficiency and water conservation measures. Located in North Philadelphia directly adjacent to Temple University, the development provides high-quality luxury and affordable off-campus housing.…
Project Overview Closing Date: August 23, 2023 Liberty Square Phase III is part of a multi-phase luxury community developed within the Philadelphia neighborhood of Northern Liberties. Managed by Palladium Group, the property encompasses 201 upscale apartments, ground-floor retail, an underground parking garage, and a private park-like plaza. PEA, Nuveen Green Capital, and property owners TLSIC…
Project Overview Closing Date: June 2, 2023 Bromley Loom House is a ground-up construction, five-story building in Philadelphia’s East Kensington neighborhood. The newly constructed, 63-unit multifamily property includes two ground-floor commercial spaces. In June 2023, PEA, PACE Equity LLC, and ACG 2315 FRONT LLC (managed by Ampere Capital Group) closed on $997,706 in C-PACE financing…
Project Overview Closing Date: February 28, 2023 The Alcott is a 12-story, mixed-use luxury development that opened to residents in 2024. Located in Philadelphia’s Callowhill neighborhood, the 152-foot industrial-inspired brick, steel, and glass building features 329 luxury apartment homes, 14,000 square feet of ground-floor retail space, and a resort-style pool deck. Developed by Southern Land…
Project Overview Closing Date: February 20, 2023 Somerset Station is a 220-unit apartment building developed by Riverwards Group in partnership with Citizens Bank. The $58-million project received $17,914,777 in C-PACE financing from Nuveen Green Capital for the building’s energy efficiency and water conservation upgrades. Somerset Station was the first multifamily project to receive funds through…