Business NewsMarketWire • Rittenhouse Capital Advisors Secures $8,230,000 Long-Term, Fixed Rate Debt for Brand New "A" Class Apartment Project in West Chester, PA

Rittenhouse Capital Advisors Secures $8,230,000 Long-Term, Fixed Rate Debt for Brand New "A" Class Apartment Project in West Chester, PA

Rittenhouse Capital Advisors Secures $8,230,000 Long-Term, Fixed Rate Debt for Brand New "A" Class Apartment Project in West Chester, PA

PHILADELPHIA, PA--(Marketwired - April 20, 2015) - Rittenhouse Capital Advisors announced today that it provided long-term, fixed-rate financing on The Chestnut Street Lofts apartment building in West Chester, PA. The 60 unit, class "A" apartment building was recently constructed and was completed in September 2014. Given its location in downtown West Chester, its unique architecture, open floor-plans, modern kitchens, baths and outdoor balconies, the property was fully leased within a matter of months. Subject property also offers other amenities like a community room, fitness center and on-site parking, a rarity in the borough of West Chester.

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