A joint venture between Oxford Development Co. and RDC secured $67 million in construction financing for 21 West, a 291-unit urban upscale multifamily development project in Pittsburgh, Pa.
JLL worked on behalf of the borrower to arrange the four-year floating-rate construction loan through Dollar Bank.
21 West, located at 430 W. General Robinson St., offers access to major employers, cultural attractions and entertainment venues. The property is in the heart of Pittsburgh's premier entertainment district, with PNC Park, Acrisure Stadium, Rivers Casino and the Andy Warhol Museum all within walking distance.
21 West, an 11-story residential complex, will offer a contemporary living experience with 313,000 square feet and amenity space. This modern apartment community features a diverse range of studios, one- and two-bedroom units, all designed with high-end finishes. Residents will enjoy amenities including an 11th-floor sky bar, second-floor rooftop deck with re
