US Capital Global Provides $10.5MM Financing for Fishtown Mixed-Use Development in Philadelphia

San Francisco, California, USA, June 19, 2025 (GLOBE NEWSWIRE) -- US Capital Global has provided a $10.5 million senior construction term loan to Corfu Development LLC ("Corfu Development" or the "Company") for a 60-unit residential and commercial development in Philadelphia's thriving Fishtown neighborhood, a project the Company is spearheading with Caritas Construction LLC.

With global headquartered in San Francisco and principal offices in Philadelphia, Miami, New York, London, and Dubai, US Capital Global is a full-service global private financial group with an established track record in corporate finance, asset management, and capital formation services. All private placements, securities, and other related services are offered by the group's SEC-registered broker-dealer affiliate, US Capital Global Securities LLC.

Located in the heart of Philadelphia, the development consists of two boutique buildings featuring 60 for-rent residential units and two pre-leased commercial spaces, with premium amenities such as a rooftop deck, club room, and fully equipped gym. Strategically located in a high-demand submarket near public transportation, the development benefits from Fishtown's ongoing revitalization, ...