Bernice Arms Debt Transfer Approved by PRA
Philadelphia Redevelopment AuthorityPublic Authority · Philadelphia, PA- Disclosed value
- $118,500.00 First Loan and $1,750,000.00 Second Loan
- From minutes
- Document date
- Sep 9, 2026
- Renews
- Free account
The 30-second brief
The Authority approved transferring the Bernice Arms project debt from Residences at 6000 Baltimore, L.P. to PHADC Bernice LLC. The $1.75 million Second Loan will be assumed, subject to payment of the delinquent First Loan amounts.
Residences at 6000 Baltimore LP holds this financial services contract with Philadelphia Redevelopment Authority.
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Contract details
- Contract type
- Financial Services
- Amount
- $118,500.00 First Loan and $1,750,000.00 Second Loan
- Document date
- September 9, 2026
- Term
- First Loan due November 13, 2017; Second Loan: 40 years from May 12, 1998, at 0% interest
- Renews
- On record
- Source document
- Philadelphia Redevelopment Authority Minutes Board Meeting of September 09, 2026 (Minutes)
Residences at 6000 Baltimore LP's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Philadelphia Redevelopment Authority?
Residences at 6000 Baltimore LP was awarded this financial services contract by Philadelphia Redevelopment Authority, as recorded on September 9, 2026. The contract value is $118,500.00 First Loan and $1,750,000.00 Second Loan.
How much is the Residences at 6000 Baltimore LP contract with Philadelphia Redevelopment Authority worth?
The Residences at 6000 Baltimore LP contract with Philadelphia Redevelopment Authority is valued at $118,500.00 First Loan and $1,750,000.00 Second Loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Philadelphia Redevelopment Authority Minutes Board Meeting of September 09, 2026 (Minutes), dated September 9, 2026 from Philadelphia Redevelopment Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Residences at 6000 Baltimore LP hold?
Residences at 6000 Baltimore LP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Philadelphia Redevelopment Authority currently buying?
Explore Philadelphia Redevelopment Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.