OneFive Capital, a Philadelphia-based real estate company, has purchased one of the country’s largest modular multifamily buildings “Next LVL,” a Class A, 281-unit building in the University City neighborhood of Philadelphia for $88 million. OneFive plans to rebrand the development as “SOLO on Chestnut“. Rittenhouse Realty Advisors, RRA, represented the seller of 4233 Chestnut.
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Rittenhouse Realty Advisors Sells 272 beds/ 106 Units Near UPenn, Drexel & Temple .
Rittenhouse Realty AdvisorsDecember 9, 2020 GMT
PHILADELPHIA, Dec. 09, 2020 (GLOBE NEWSWIRE) Rittenhouse Realty Advisors, a commercial real estate sales brokerage firm, is pleased to announce the recent sales of five student housing properties in Philadelphia. The firm organized the sales of the following properties: 4258-60 Chestnut Street (45 Units, 128 Beds), a purpose-built, newly constructed property close to the University of Pennsylvania, 4236 & 4238 Chestnut Street (12 Units, 15 Beds) a value-add opportunity near UPenn, 3927, 3929 & 3931 Pine Street (45 Bedrooms) a value-add JV sale near UPenn, 125-129 & 133-135 South 46th Street (19 Units, 44 Beds) a newly constructed property in an Opportunity Zone near Drexel University, and Sydenham Commons (27 Units, 45 Bedrooms), a value-add deal located a