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PCCP, LLC Provides $25.1 Million Senior Loan to PDC Memphis Oaks 3, LLC, a...

New York, NY - July 23, 2014 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $25.1 million senior loan to PDC Memphis Oaks 3 Holdings, LLC, a Class A distribution property totaling 1,025,000 square feet in Memphis, TN managed and sponsored by affiliates of Panattoni Development Company. The loan will recapitalize the existing financing, and will allow Panattoni to focus on leasing efforts on existing and future vacant space

PCCP, LLC Provides $98 Million Loan to Northland Investment Corporation to Finance Construction of...

New York, NY, - May 27, 2014 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $98 million loan to finance the construction of a 269-unit Class A multifamily property that also includes 27,595 square feet of ground floor retail space. The project is located at a prime intersection at Moody Street and Main Street in the heart of Waltham, Massachusetts, a thriving city nine miles west of Boston. The owner/developer is Northland Investment Corporation

PCCP, LLC and Specht Development Form Joint Venture to Develop Interstate Crossroads Distribution Center,...

San Francisco, CA - May 21, 2014 - (RealEstateRama) -- PCCP, LLC announced today it has formed a joint venture with Specht Development, Inc. to speculatively develop Interstate Crossroads Distribution Center, a Class A, 493,000-square-foot industrial building in the Airport Way submarket of Portland, OR.

Recent Gov & Nonprofit Real Estate Press Releases

EFC Accepting Applications for $325M in Grants

New York State Environmental Facilities Corporation President & CEO Maureen A. Coleman today announced the application period is open for $325 million in State grants for critical water infrastructure projects. The next round of the Water Infrastructure Improvement and Intermunicipal Water Infrastructure Grant programs delivers on Governor Kathy Hochul’s clean water funding commitments.