Northeast Regional Office

Courts at Spring Mill Station
Conshohocken, Pennsylvania

“ We are pleased to provide a competitive fixed rate loan secured by a recently completed 385 unit Class A residential complex. Courts at Spring Mill Station features a best in class amenity package and unit finishes. The transit-oriented location is excellent, immediately adjacent to the Spring Mill communter rail station with convenient access to the Pennsylvania Turnpike and Schuylkill Expressway. In addition, we are very happy to complete another transaction with Principal Real Estate Investors, LLC and continue our long term relationship.”
— Mark Young, Senior Director

  • Excellent in fill location immediately adjacent to commuter rail station and walking distance to several Class A office buildings and nearby amenities
  • Strong, diversified local economy
  • Affluent demographics, with 3 mile average household income of approximately $139,000
  • High barriers to entry with no apartment construction underway within the submarket
  • Financially strong and experienced repeat sponsor

Source: REI Northeast Regional Office, August 2018.