CBRE announced it secured a about $45 million loan to develop The Ashby at South Hills Village Station, a new 300-unit apartment development near Upper St. Clair in Pittsburgh, according to a news release.
“SunCap completed construction of The Ashby in July of 2018 and the community was over 80 percent leased at refinance,” said Kristin Reilley at CBRE, in a prepared statement. “Over the last 15 years, only one multifamily development has been built within five miles of The Ashby, and there…
