US Capital Global has committed $10.5 million in financing for a mixed-use development project led by Corfu Development in Fishtown, Philadelphia.

Information on the Target

Corfu Development LLC, based in the Northeast United States, is a prominent real estate development firm that focuses on mixed-use, residential, and commercial projects. With a construction value exceeding $150 million, the company has established a robust portfolio that includes condominiums, townhomes, and single-family homes. The management team of Corfu Development brings over 25 years of industry experience, demonstrating a strong commitment to delivering high-quality and thoughtfully designed properties that contribute positively to urban environments.

The firm is currently leading a dynamic mixed-use development project consisting of 60 residential units and two commercial spaces in the Fishtown neighborhood of Philadelphia. This initiative signifies Corfu Development's proactive approach to capitalizing on the revitalization of this growing area, known for its creative and vibrant community.

Industry Overview in Philadelphia

Philadelphia's real estate market has recently experienced significant growth, particularly in neighborhoods like Fishtown, which has transformed into an attractive destination for both residents and businesses. The area is characterized by i