Barings has provided $71.85 million of mortgage financing against the 247-unit Park at SouthSide Works apartment building in Pittsburgh. The loan, arranged by Newmark, allowed the property’s developer, SomeraRoad Inc. of New York, to retire $71 million of financing that was provided three years ago by Related Cos. and Bank OZK to fund the construction […]

The post Barings Lends $71.85Mln Against Pittsburgh Apartments appeared first on Commercial Real Estate Direct.