Philadelphia Multifamily Property Secured $17M Refinance

The 96-unit Keys apartment complex in Philadelphia has secured a $17.36 million loan for refinancing.

Updated on Sept. 30, 2026 in Commercial

Gouache-painted illustration of a five-story modern brick apartment building with ground-floor retail, emphasizing urban architectural forms. — The Keys, a 96-unit multifamily property in Philadelphia, has secured a $17.36 million loan through the Freddie Mac program for refinancing. AI Illustration. Upload story photo >

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A 96-unit multifamily property in Philadelphia, known as The Keys, has secured $17.36 million in new financing. The funding was provided through the Freddie Mac lending program to refinance the five-story, 100,508-square-foot building.

Why it matters

Refinancing arrangements like this are common strategies for property owners to manage debt obligations on relatively new assets. This shift stabilizes the financial structure of the 2023-built property, which includes both residential units and ground-floor retail space.

The financing covers a 100,508-square-foot building that features 96 residential units and 10,000 square feet of ground-floor retail space. This $17,362,000 loan was originated by Greystone for the owner, an affiliate of Tay Investments.

The players

The Keys

A 96-unit, five-story multifamily property in Philadelphia featuring ground-floor retail space.

Tay Investments

A Hackensack, New Jersey-based investment firm managing a $475 million portfolio.

Greystone

A real estate lending firm that partners with programs like Freddie Mac to provide commercial financing.

Bryan Grover

The professional at Greystone who originated the financing for the property.

The details

The loan was facilitated through the Freddie Mac lending program, which offers financing for multifamily housing assets. The property at 7127 Keystone St. was completed in 2023 and functions as a mixed-use site with both living and commercial components. Bryan Grover of Greystone originated the deal to refinance the existing asset.

Tay Investments was founded in 2010.
The Keys was constructed in 2023.
The financing announcement was published on September 30, 2026.

The Home Front

The financing follows the standard lending requirements set by the Freddie Mac Multifamily lending program. This deal reflects a broader trend of utilizing institutional backing to stabilize commercial-residential assets in urban markets.

While this financing is a commercial transaction, residents of mixed-use properties should keep track of changes in building ownership or management that often follow major capital events. Check your lease agreement and property portal for any updates to management contacts or building operations.

The takeaway

Large-scale refinancing helps ensure long-term maintenance and operational stability for mixed-use apartment buildings. Residents should store their property management contact information in a secure place and stay alert for official notices regarding changes in building ownership or administration.