PRC Secures $28M Financing for Development of Charleston MF Property

PRC Secures $28M Financing for Development of Charleston MF Property

Posted by on 2020-01-24

Phillips Realty Capital has secured $27.8 million in equity financing on behalf of Woodfield Development for the development of Morrison Yard, a 380-unit multifamily community in Charleston’s NoMo neighborhood. Construction has commenced on the site, which will consist of a 10-story, concrete high-rise building and a six-story wood-framed mid-rise building, each featuring studio, one, two, ...

The post PRC Secures $28M Financing for Development of Charleston MF Property appeared first on Connect CRE.