2112 Ridge Ave – Affordable Housing
2112 Ridge Ave.
|Total Deal Size||$13.2M|
|Asset Class||Mixed Use / Affordable|
|Equity Source||PHA General Account|
|Number of Apartments||36 Affordable Units|
Philadelphia Housing Authority (“PHA”) / Awarded via RFP
Benchmark was selected as the development partner for PHA to construct PHA’s first ever housing for LGBTQ youths who have aged out of foster care.
Roles and Responsibilities:
Developer – Benchmark Real Estate Partners
General Contractor – Daniel J. Keating Company