U.S. Realty Capital Arranges $8M Loan for Distribution Facility in Suburban Philadelphia

PHILADELPHIA — U.S. Realty Capital has secured an $8 million first mortgage loan for a limited liability company. The loan will be used to refinance a 175,000-square-foot, single-tenant, Class B distribution warehouse in suburban Philadelphia. The non-recourse loan features a 10-year term, a 25-year amortization schedule and 60 percent loan-to-value. Bruce Robertson Jr. and Jane Bender of U.S. Realty Capital originated the loan.